Serrano Resources Ltd.TSXV: SC.H

Shoppers Drug Mart Corporation to release third quarter results on November 8 and hold analyst conference call

· Issued by Serrano Resources Ltd. via CNW
TORONTO, Oct. 11 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC) today
announced that on Wednesday, November 8, 2006, it will release financial
results for its third quarter ended October 7, 2006.
The Company will hold an analyst call on November 8, 2006 at 3:30 p.m.
(Eastern Standard Time) to discuss the results. The call may be accessed by
dialing 416-641-6114 from within the Toronto area, or 1-866-696-5895 outside
of Toronto. The call will also be simulcast on the Company's website for all
interested parties. The webcast can be accessed via the Investor Relations
section of the Shoppers Drug Mart website at www.shoppersdrugmart.ca.
The conference call will be archived in the Investor Relations section of
the Shoppers Drug Mart website until the Company's next analyst call. A
playback of the call will also be available by telephone until 11:59 p.m.
(Eastern Standard Time) on November 23, 2006. The call playback can be
accessed after 5:30 p.m. (Eastern Standard Time) on Wednesday, November 8,
2006 by dialing 416-695-5800 from within the Toronto area, or 1-800-408-3053
outside of Toronto. The seven-digit passcode number is 3199782.

Shoppers Drug Mart Corporation is one of the most recognized and trusted
names in Canadian retailing. The Company is the licensor of full-service
retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in
QuDebec). With more than 970 Shoppers Drug Mart and Pharmaprix stores operating
in prime locations in each province and two territories, the Company is one of
the most convenient retailers in Canada. The Company also owns and operates 54
Shoppers Home Health Care stores, making it the largest Canadian retailer of
home health care products and services.