Mr. Eric Vanderleeuw reports

ZACATECAS SILVER ANNOUNCES SECURITY BASED COMPENSATION GRANTS

Zacatecas Silver Corp. has granted 2.55 million incentive stock options and three million restricted share units to the officers, directors, key employees and consultants of the company.

The options are exercisable at 13.5 cents per share and expiring five years from the date of grant. In addition, each granted RSU entitles the holder to acquire a common share of the company and will expire three years from the date of grant. The RSUs may not be exercised until one year from the date of grant.

We seek Safe Harbor.