European Minerals Corporation Announces Change of Name

    FOR:  EUROPEAN MINERALS CORPORATION

TSX SYMBOL:  EPM
AIM SYMBOL:  OSU

July 4, 2008

European Minerals Corporation Announces Change of Name

LONDON, UNITED KINGDOM--(Marketwire - July 4, 2008) - European Minerals Corporation ("EMC" or "the Company"")
(TSX:EPM)(AIM:OSU) announces that it has changed its name to Orsu Metals Corporation. The Company's shares
begun trading on the AIM market of the London Stock Exchange under its new name and new symbol "OSU" effective
at 8 a.m. today, 04 July 2008.

The Company's shares and listed warrants will continue to trade on the TSX under "European Minerals
Corporation" and the symbol "EPM". The TSX has conditionally approved the Company's name change, subject to the
completion of certain filings being made with the TSX and the symbol OSU has been reserved for the Company on
TSX. A further announcement will be made to confirm that all filing and regulatory requirements have been met
and that the name and symbol change is effective for TSX.



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FOR FURTHER INFORMATION PLEASE CONTACT:

Orsu Metals Corporation
Tania Tchedaeva
Company Secretary
[phone]

OR

Orsu Metals Corporation
Gavin Dallas
Investor Relations
[phone]
[phone] (FAX)
Website: www.orsumetals.com

OR

Grant Thornton UK LLP
Gerry Beaney
[phone]

OR

Grant Thornton UK LLP
Colin Aaronson
[phone]

OR

Vanguard Shareholder Solutions
Keith Schaefer
[phone]

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

								
European Minerals Corporation