Ecometals Limited
TSX VENTURE : EML

Ecometals Limited

October 25, 2007 06:00 ET

Ecometals Name Change Approved By TSX Venture Exchange

Company Retains Barnes McInerney For Investor Relations Consulting

TORONTO, ONTARIO--(Marketwire - Oct. 25, 2007) - Ecometals Limited (TSX VENTURE:EML), formerly Goldmarca Limited, today announced its name change has been approved by the TSX Venture Exchange.

The new name was approved by the TSX-V on October 24, as a result of which the company's stock symbol changes to EML at the commencement of trading today. As previously announced, shareholders voted to change the company's name at the annual general meeting on October 1, 2007.

Concurrently, the company's URL will change to www.ecometalslimited.com. The new website is under construction and will become active shortly.

Ecometals also announced the engagement of Barnes McInerney Inc. as strategic investor relations consultants. Barnes McInerney will focus on developing and expanding the company's communications with the investment community through a comprehensive investor relations program.

"We have entered an exciting stage in our development, and are cognizant of our responsibility to communicate effectively with our investors," said Mark Kesselman, Chief Financial Officer of Ecometals. "Barnes McInerney's investor communications expertise will help us effectively convey our key messages to the investment community."

"Mining is an area of specialization for Barnes McInerney, and we are particularly pleased to provide IR services to a promising company with solid assets and management like Ecometals," said John Vincic, Executive Vice President, Investor Relations, of Barnes McInerney.

Barnes McInerney has been engaged by Ecometals effective November 1, 2007 for a monthly fee of $8,000 for a period of 12 months, with the fee due and payable at the beginning of every month. Neither Barnes McInerney nor any of its employees holds any interest, directly or indirectly, in Ecometals, or any right to acquire such an interest. This agreement is subject to acceptance by the TSX-V.

About Ecometals

Ecometals Limited focuses on the exploration and development of mineral resources in Latin America. The company's projects are principally focused on gold and base metal exploration assets in South America. Ecometals also holds 44.4% of Atomaer Holdings Pty Ltd., a private Australian holding company.

About Barnes McInerney

Barnes McInerney Inc. is Canada's premier investor relations consulting firm. Over the past 20 years, Barnes McInerney has served the needs of more than 500 leading public companies in every sector of Canada's capital markets. By building strong relationships with its clients and the investment community, Barnes McInerney provides effective strategic consulting, shareholder outreach and communications services, all supported by leading-edge multimedia capabilities. For further information on Barnes McInerney, visit www.barnesmcinerney.com.

Safe Harbor Statement: Statements contained in this release that are not historical facts are forward-looking statements which involve risk and uncertainties, which could cause actual results to differ materially from those expressed in forward-looking statements. These include risks relating to changes in economic or environmental conditions and the company's ability to execute its business model and strategic plans. The company relies on litigation protection for forward-looking statements.

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