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Ecometals Limited

Published : January 09th, 2009

Grants Stock Options

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Keywords :   Brazil | Ecuador | Willie |

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Ecometals Limited
TSX VENTURE: EC
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January 9, 2009
Ecometals Grants Stock Options
TORONTO, ONTARIO--(Marketwire - Jan. 9, 2009) - Ecometals Limited (TSX VENTURE:EC), (the "Company") announces the granting of an aggregate of 2,100,000 stock options to certain directors, officers and employees of the Company pursuant to the Company's stock option plan.

All of the options granted to the following individuals have an exercise price of $0.10 per common share and expire on January 5, 2012.

Name of Optionee         Position                                Number of
                                                             Common Shares
                                                              Reserved for
                                                                  Issuance

Daniel Major             Chief Operating Officer
                          and Director                             600,000

Fran Scola               President, Chief Executive
                          Officer and Director                     400,000

Andrew Robertson         Chief Financial Officer                   200,000

Mark Kesselman           Corporate Secretary, Executive
                          Vice-President and Director              100,000

Nick Demare              Assistant Secretary                        50,000

Keith Hulley             Chairman of the Board
                          and Director                             150,000

Willie Lamarque          Director                                  100,000

Chris Charlier           Director                                  100,000

Gary Artmont             Chief Geologist                           100,000

Steve McMullen           Vice-President of
                          Exploration - Ecuador                     50,000

Paulo Lisboa             General Manager, Brazil
                          Operations                               100,000

Diego Benalcazar         General Manager, Ecuador
                          Operations                               100,000

Rodrigo Izurieta         Controller, Ecuador Operations             50,000
                                                                 ---------

TOTAL                                                            2,100,000
 
About Ecometals

Ecometals Limited is a Canadian-listed mineral exploration and development company focused on mineral resources in Latin America. Ecometals also holds 44.4% of Atomaer Holdings Pty Ltd., a private Australian holding company.


Neither The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Ecometals Limited
Mark Kesselman
Corporate Secretary and Executive Vice-President
(212) 355-6037
Email: mlkeuro@aol.com
Website: www.ecometalslimited.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Data and Statistics for these countries : Brazil | Ecuador | All
Gold and Silver Prices for these countries : Brazil | Ecuador | All

Ecometals Limited

EXPLORATION STAGE
CODE : EML.V
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Ecometals is a gold exploration company based in Canada.

Ecometals holds various exploration projects in Brazil and in Ecuador.

Its main exploration properties are SERRA DO NAVIO, MATAPI, PEDRA BRANCA and ALDEBARAN in Brazil and RIO ZARZA, SANTA BARBARA, CONDOR ECUADOR and EL HITO in Ecuador.

Ecometals is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 19.3 millions as of today (US$ 14.3 millions, € 12.8 millions).

Its stock quote reached its lowest recent point on December 17, 2008 at CA$ 0.02, and its highest recent level on July 14, 2023 at CA$ 0.46.

Ecometals has 241 540 000 shares outstanding.

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Option Grants of Ecometals Limited
1/9/2009Grants Stock Options
Nominations of Ecometals Limited
4/28/2008Appoints Chief Operating Officer
2/25/2008Appoints General Manager and Controller for Ecuadorian Opera...
Corporate news of Ecometals Limited
12/5/2008Announces Results of Annual and Special Shareholders' Meetin...
10/2/2008Litigation Update in Brazil
5/7/2008Suspends Operations in Ecuador
10/3/2007Shareholders Propose Name Change to Ecometals
10/3/2007 Announces Record Quarterly Gold Production
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TSX-V (EML.V)FRANKFURT (GDQ.F)
0.080-20.00%0.0150
TSX-V
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