European Minerals Corporation
                                                 
                                22 Grosvenor Square, London W1K 6LF
            Telephone: +44 (0) 20 7529 7508             Facsimile: +44 (0) 20 7491 2244


                                           PRESS RELEASE
                                                 
17 January 2008
                                                 
                                          Issue of shares

European Minerals Corporation announces that it has issued 150,000 common shares of no par value
following  the exercise of 100,000 stock options at Cdn$0.84 per share and 50,000 stock options at
Cdn$1.26 per share.

Application has been made for these shares to be admitted to trading on AIM and it is expected
that admission will occur on 22 January 2008.  Following the admission of the above shares, the
Company's total issued share capital will be 303,027,981 each with voting rights.


For further information please contact:

Graham A. Potts -- Company Secretary
European Minerals Corporation
22 Grosvenor Square,
London W1K 6LF
Tel: +44 (0) 20 7529 7508
Fax: +44 (0) 20 7491 2244
e-mail: info@europeanminerals.com
Website: www.europeanminerals.com

Erin Needra / Robin Birchall
Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500

                                                                
European Minerals Corporation



                                                                

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