Exile Resources Inc.

Exile Resources Inc.

January 15, 2010 14:18 ET

Exile Resources Inc. Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwire - Jan. 15, 2010) - Exile Resources Inc. (TSX VENTURE:ERI) ("Exile" or the "Company") announces that it has granted an aggregate of 450,000 stock options to a director and an employee, each such option entitling the holder thereof to acquire one common share of the Company at an exercise price of $0.15 until January 15, 2015. Subject to regulatory approval, these options shall vest immediately. 

About Exile Resources Inc.
Exile Resources Inc. is an oil and gas exploration company advancing the development of the Akepo Oilfield in the shallow water Niger Delta, Nigeria. The Company is also pursuing additional oil and gas, exploration and development opportunities in Africa. Exile Resources Inc. has 63,754,191 issued and outstanding common shares. Please visit Exile Resource's web site for further information: www.exileresources.com.

To receive news releases from Exile, please email julia@chfir.com and mention "Exile Resources" in the subject line.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information