Ecometals Limited
TSX VENTURE : EC
BERLIN : GDQ
FRANKFURT : GDQ

Ecometals Limited

June 01, 2012 11:59 ET

Ecometals Completes Sale of Condor Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICE OR FOR DISSEMINATION IN THE UNITED STATES

Ecometals Limited (the "Company") (TSX VENTURE:EC)(BERLIN:GDQ)(FRANKFURT:GDQ) announces, further to its news release dated May 2, 2012, that it has received the final instalment of the purchase price in respect of the sale by the Company to Ecuador Capital Corporation of the Condor Gold Project. This now completes the sale of the Condor Gold Project.

About Ecometals

Ecometals Limited is a Canadian TSX Venture Exchange listed mineral exploration and development company focused on the 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.

Neither 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.

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