NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Toronto, January 22, 2010 -- ECU Silver Mining Inc. (TSX:ECU) ("ECU") announces that it has received a receipt from the securities regulatory authorities in the provinces of Ontario and Québec for its final short form prospectus dated January 22, 2010 qualifying the distribution of 16,946,000 units of ECU ssuable
upon the exercise or deemed exercise of the previously issued 16,946,000 special warrants of ECU (the "Special Warrants").

Pursuant to the terms of the special warrant indenture governing the Special Warrants, all of the outstanding Special Warrants will be deemed to be exercised without any further action by the holders thereof immediately prior to 5:00 p.m. (Toronto time) on Wednesday, January 27, 2010.

CONTACT INFORMATION:

ECU Silver Mining Inc.
Michel Roy
Chairman and CEO
011 52 871 747 5750

ECU Silver Mining Inc.
Stephen Altmann
President
(416) 366-2428

Cautionary Statements

The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the benefit of, U.S. persons except in certain transactions exempt from the registration requirements of such Act. This news release shall not constitute an offer to sell nor the solicitation of an offer to buy, nor shall there be any sale of the securities, in any state in which such offer, solicitation or sale would be unlawful.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release. This press release contains forward-looking statements. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of ECU, including potential financings and potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, proposed business and financing plans, business trends and future operating revenues. Although ECU believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. ECU cautions investors that any forward-looking statements by ECU are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any minerals produced, and ECU's inability to obtain any necessary permits, consents or authorizations required for its activities, to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. All of the ECU's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to ECU's mineral properties.
Copyright © 2010 ECU SILVER MINING INC. (ECU) All rights reserved. For more information visit our website at http://www.ecu.ca/ or send email to ecu@ecu.ca .
Message sent on Mon Jan 25, 2010 at 10:00:01 AM Pacific Time