The Silver Recycling Company Inc.
TSX VENTURE : TSR

The Silver Recycling Company Inc.

December 16, 2008 09:00 ET

The Silver Recycling Company Ships Over 2300 Certified 100-FTO Silver Bullion Bars in the Past Two Months

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 16, 2008) - The Silver Recycling Company Inc. (TSX VENTURE:TSR) ("Silver Recycling") is pleased to announce that they have sold 280,600 fine troy ounces ("FTO") of 0.999 pure silver including 2,780 100-FTO bars since announcing the commencement of bullion sales October 13, 2008. All 100-FTO bars include a copy of the assay certificate as per ASTM standards.

Silver Recycling has secured two significant long-term wholesale supply contracts while continuing to take retail orders through their website www.silver-recycling.com. 100-FTO bars are currently the most popular while 1-FTO rounds remain available. Shipping of bullion orders has averaged seven business days from the date of order.

Silver Recycling takes industrial silver-bearing scrap, recovers the silver from it and refines it into silver with a purity of .999 or .9999. At its operation in Pennsylvania, Silver Recycling currently recycles, produces and fabricates more than 5 million FTO's of silver annually.

Don Holmstrom, President and CEO stated, "We are extremely pleased with the market response we have received for the orders to date. Our Philadelphia operation has really stepped up to increase their production capacity in order to meet this significant demand."

For more information and/or to place an order, please visit www.silver-recycling.com.

About 'The Silver Recycling Company Inc.'

Silver Recycling is a consolidator of privately owned silver and other precious metals recycling companies. The company recently closed the acquisition of two firms in Pennsylvania as announced in the news release of May 28, 2008 and the execution of a letter of intent for a second and third acquisition on July 22, 2008 and November 24, 2008 respectively. Silver Recycling is continuing to review other candidate companies within the precious metals recycling industry for acquisition and integration in alignment with the Company's business strategy. Information about Silver Recycling is available on its website www.silver-recycling.com.

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

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