ECU Silver Mining Inc.
TSX VENTURE : ECU

ECU Silver Mining Inc.

December 21, 2006 16:25 ET

ECU Silver Mining Announces Grant of Stock Options

TORONTO, ONTARIO--(CCNMatthews - Dec. 21, 2006) - ECU Silver Mining Inc. (the "Company") (TSX VENTURE:ECU) announced today that on December 6, 2006, it granted an aggregate of 2,200,000 stock options to acquire common shares of the Company to officers of the Company, pursuant to the terms of its new stock option plan. The options, which expire on December 20, 2011, may be exercised by their holder at a price of $3.00 per share, being above the closing price of the shares on the trading day preceding the grant date of the options, satisfying the policies of the TSX Venture Exchange (the "Exchange").

The grant of the foregoing options and their exercise by the holders thereof are subject to the Company receiving the approval of the Exchange with respect to the Company's new stock option plan.

ABOUT ECU

ECU Silver Mining Inc. is a Canadian silver and gold mining and exploration company with executive offices in Toronto, Ontario, that is involved in the evaluation, development and mining of precious metal deposits in Mexico. The Company owns the historically prolific, 564-hectare Velardena Property which holds five mines and a milling operation in the state of Durango, Mexico. ECU's goal is to become one of Mexico's largest producing silver mines. ECU's common shares are listed on the TSX Venture Exchange under the trading symbol ECU.

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

Contact Information

  • ECU Silver Mining Inc.
    Michel Roy
    Chairman & CEO
    (416) 644-8640
    or
    ECU Silver Mining Inc.
    Richard Buzbuzian
    Vice President
    (416) 644-8640
    (416) 644-8801 (FAX)
    Website: www.ecu.ca