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Ecometals Limited

Published : October 02nd, 2008

Litigation Update in Brazil

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Keywords :   Brazil | Manganese |

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Ecometals Limited
TSX VENTURE: EML
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October 2, 2008
Ecometals Litigation Update in Brazil
TORONTO, ONTARIO--(Marketwire - Oct. 2, 2008) - Ecometals Limited (TSX VENTURE:EML) (the "Company") today reported that on October 1, 2008 an appeals court in Brazil ruled in favor of the Company with respect to a dispute regarding the ownership of certain manganese assets in the State of Amapa. The Company is awaiting further details of the ruling and will report these details as they become available.

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.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Ecometals Limited
Mark Kesselman
Chief Financial Officer
(212) 355-6037
Email: mlkeuro@aol.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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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$ 39.9 millions as of today (US$ 29.1 millions, € 27.2 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)
0.165+26.92%0.0150
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