They played in the Western Ontario Athletic Association Senior Hockey League.

Mildmay finished in 7th place in the North Division with a 6-16-2 record.

The Monarchs then faced off against the Wingham Bulls in the opening round of the "A" playoffs, and were swept in 4 games, ending their season.

The Monarchs intended to ice a team for the 2007-08 season, and were included when the schedule was made, however, just before the season began, the team announced they were folding due to a lack of players.

Note: GP = Games played, W = Wins, L = Losses, T= Tie, OTL = Overtime Losses, Pts = Points, GF = Goals for, GA = Goals against