ECU Silver Mining Inc. (TSE:ECU)

[basserdan]

ECU Silver Mining Inc. Obtains Final Order for Arrangement With Golden Minerals Company

Wednesday August 31, 2011, 4:00 pm EDT

TORONTO, ONTARIO--(Marketwire - Aug. 31, 2011) - ECU Silver Mining Inc. (TSX:ECU; OTC:ECUXF - News; "ECU") is pleased to announce that the Superior Court of Quebec has issued a final order (the "Final Order") pursuant to the Business Corporations Act (Quebec) approving its plan of arrangement (the "Arrangement") with Golden Minerals Company (NYSE Amex:AUMN)(TSX:AUM - News; "Golden Minerals"). Receipt of the Final Order follows the special meeting of ECU securityholders held on August 30, 2011, at which ECU's securityholders approved the Arrangement. Subject to the other conditions to the closing of the transaction being satisfied or waived, ECU and Golden Minerals anticipate that the Arrangement will be completed on or about Friday, September 2, 2011.

Website: http://http://www.ecu.ca/

Contact:

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

Stephen Altmann
ECU Silver Mining Inc.
President
Toronto, Canada
[phone]

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