Mega Silver Inc.
TSX VENTURE : MSR

Mega Silver Inc.

February 28, 2008 08:00 ET

Mega Silver Grants Incentive Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2008) - Mega Silver Inc. ("Mega Silver") (TSX VENTURE:MSR) announces that it has granted 1,180,000 options to certain officers, directors and employees of Mega Silver. The options are exercisable at $1.79 per share for a term of five years, subject to the approval of the TSX Venture Exchange. The options are subject to a four-month hold period and vest quarterly over a period of 18 months in accordance with Mega Silver's stock option plan.

About Mega Silver

Mega Silver Inc. is a new mineral exploration company established to explore and develop high value silver opportunities globally. Mega Silver presently has exploration projects in Mexico and Canada and is well funded to carry out exploration and acquisition activities with over $16 million in the treasury. Full information on Mega Silver can be found at www.sedar.com and on the Company's website, www.megasilver.ca.

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

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