VANCOUVER, BRITISH COLUMBIA, Nov 21, 2012 (Menafn – MARKETWIRE via COMTEX) –El Tigre Silver Corp. (otcqx:EGRTF)(frankfurt:5RT) (“El Tigre” or the “Company”) is pleased to announce that itwill be applying to the TSX Venture Exchange for approval to theextension of the expiry date of 10,000,000 common share purchasewarrants (the “Warrants”) issued on December 14, 2010 from December14, 2012 to December 14, 2013. These Warrants were issued as part ofa private placement transaction and are exercisable into 10,000,000common shares of the Company at a price of 0.55 per share.
All other terms of the Warrants will remain the same.
This news release does not constitute an offer to sell or thesolicitation of an offer to buy, nor shall there be any sale of thesesecurities, in any jurisdiction in which such offer, solicitation orsale would be unlawful prior to registration or qualification underthe securities laws of such jurisdiction. The securities have notbeen and will not be registered under the United States SecuritiesAct of 1933, as amended (the “U.S. Securities Act”), or any statesecurities laws and may not be offered or sold within the UnitedStates or to, or for the account or benefit of, “U.S. persons,” assuch term is defined in Regulation S under the U.S. Securities Act,unless an exemption from such registration is available.
About El Tigre
The Company, through its subsidiaries, holds the rights to 100% ofnine mineral concessions, eight comprising 431 square kilometreslocated in north-eastern Sonora, Mexico (the “El Tigre Property”). ElTigre also holds one additional 32 hectare claim separate from the ElTigre Property. A technical report has been prepared for the El TigreProperty and can be found on the Company’s profile on SEDAR atwww.sedar.com and on the Company’s website atwww.eltigresilvercorp.com.
This news release contains forward-looking statements andforward-looking information (together, “forward-looking statements”)within the meaning of applicable securities laws and the UnitedStates Private Securities Litigation Reform Act of 1995.Forward-looking statements include the intention to apply to theExchange for approval of the extension to the term of the warrants.Forward-looking statements involve risks, uncertainties and otherfactors that could cause actual results, performance, prospects andopportunities to differ materially from those expressed or implied bysuch forward-looking statements. Factors that could cause actualresults to differ materially from these forward-looking statementsinclude those risks set out in the Company’s public documents filedon SEDAR at www.sedar.com. Although the Company believes that theassumptions and factors used in preparing the forward-lookingstatements are reasonable, undue reliance should not be placed onthese statements, which only apply as of the date this news release,and no assurance can be given that such events will occur in thedisclosed times frames or at all. Except where required by law, theCompany disclaims any intention or obligation to update or revise anyforward-looking statement, whether as a result of new information,future events or otherwise.
The TSX Venture Exchange has neither approved nor disapproved of thecontents of this press release. Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this press release.
Contacts:
El Tigre Silver Corp.
Stuart Ross
President and CEO
(778) 980-7187
[email protected]
El Tigre Silver Corp.
Steven Craig
VP Exploration
(775) 815-8456
[email protected]
El Tigre Silver Corp.
Rob Grace
Corporate Communications
(604) 639-0044
(604) 608-6163 (FAX)
[email protected]
www.eltigresilvercorp.com
