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EC

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Share Name Share Symbol Market Type
TSXV:EC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Ecometals Announces New Director Appointment

01/08/2012 6:45pm

Marketwired Canada


Ecometals Limited (TSX VENTURE:EC)(BERLIN:GDQ)(FRANKFURT:GDQ) (the "Company")
announces that effective August 1st, 2012, the board of directors has appointed
Mr. Jeffrey Klein to the Board of the Company.


Mr. Jeffrey Klein has almost 30 years of experience in the base and precious
metals markets. His industry experience includes Merrill Lynch, where he was a
director in the capital markets division in New York, and Rothschild, where as a
director based in New York, he was responsible for the bank's commodities
marketing in North and South America. He is the managing partner of North Ridge
Capital, LLC, a private equity investor he founded.


Mr. William Lamarque, Ecometal's CEO stated that "as one of the larger investors
in Ecometals, Mr. Klein's appointment to the Board represents our intent to more
closely align the interests of our shareholders with the strategic plans of the
Company."


Mr. Klein commented that "Ecometals has survived through a very trying period.
Beginning with the halt of our exploration activities in Ecuador as the
government crafted new mining legislation, through the recent litigation in
Brazil, where EC's position was finally vindicated, and criminal intent against
us established, we emerged intact and ready to move forward. Possessing very
attractive assets in Ecuador and Brazil, and a group of talented and dedicated
staff in both countries, Ecometals is finally in a position to realize its
potential. Especially compelling are the opportunities to expand our portfolio
given the current weak valuations in the junior mining sector."


About Ecometals

Ecometals Limited is a Canadian TSX Venture Exchange listed mineral exploration
and development company focused on mineral resources in Latin America. Apart
from its gold exploration in Ecuador, Ecometals also has significant manganese,
iron and gold projects in Brazil at grass roots exploration and development
planning stages.


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