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VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 5, 2011) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
El Tigre Silver Corp. (TSX VENTURE:ELS)(PINK SHEETS:EGRTF)(FRANKFURT:5RT) (“El Tigre” or the “Company”) announces that it has granted incentive stock options to directors, officers and consultants which allow for the purchase of an aggregate of 525,000 common shares for a period of five years at a price of $0.35 per share. These options have been granted pursuant to the Company’s Stock Option Plan.
The Company also announces that it has changed its financial year-end to December 31st. The purpose of the change is to match the Company’s financial year-end with its subsidiaries.
About El Tigre
The Company, through it subsidiaries, holds the rights to nine mineral concessions located in north-eastern Sonora, Mexico (the “El Tigre Property”). A technical report has been prepared for the El Tigre Property and can be found on the Company’s profile on SEDAR at www.sedar.com and on the Company’s website.

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