The Silver Recycling Company Inc.
TSX VENTURE : TSR

The Silver Recycling Company Inc.

October 15, 2008 09:00 ET

The Silver Recycling Company Announces Selling Silver Bullion

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 15, 2008) - The Silver Recycling Company Inc. (TSX VENTURE:TSR) ("Silver Recycling") is pleased to announce that it will be selling silver bullion through the company's website.

In response to overwhelming demand for silver bullion in smaller amounts, Silver Recycling will be selling 100 troy ounce bars and 1 troy ounce silver rounds. Both products are produced at Silver Recycling's operating plant outside of Philadelphia, Pennsylvania and will be certified .999 quality to exacting standards.

Silver Recycling takes industrial silver bearing scrap and recovers the silver from it and refines it into .999 or .9999 silver. At its operation in Pennsylvania, Silver Recycling currently recycles, produces and fabricates more than 5 million troy ounces of silver annually.

"This is an important step forward for Silver Recycling," says Don Holmstrom, CA, President and CEO of Silver Recycling. "We have the production capacity and we are able to move quickly in response to current demand for these silver products in North America and Europe."

Subject to orders and demand, Silver Recycling will be able to ship product immediately once orders have been confirmed as it is in production currently on these products.

For more information and 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 acquisition on July 22, 2008. 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.

Certain statements included in this press release may be considered forward-looking. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors, including the availability of funds, the results of the evaluation of business operations, outcome or failure of negotiations with third parties, precious metal prices, and general market and industry conditions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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

Contact Information