Xtierra Inc.

Xtierra Inc.

February 16, 2010 15:52 ET

Xtierra Announces Grant of Incentive Stock Options

TORONTO, ONTARIO--(Marketwire - Feb. 16, 2010) - Xtierra Inc. (TSX VENTURE:XAG) ("Xtierra" or the "Company"),announces that it has granted 2,431,250 incentive stock options to directors, officers and employees pursuant to its Stock Option Plan.

All of the stock options are exercisable at a price of $0.21 per share for a period of five years from February 16, 2010 and are subject to TSX Venture Exchange approval. Directors and officers received 1,981,250 options. The options comply with the terms of the Company's stock option plan.

About Xtierra Inc.

Xtierra Inc. is a Toronto based exploration and development company listed on the TSX Venture Exchange. Xtierra's shares trade under the symbol "XAG". Xtierra has 49,862,003 shares issued and outstanding. Xtierra is conducting a Feasibility Study on its Bilbao silver-zinc-copper project in Zacatecas, Mexico. Xtierra's objective is to become a mid-tier producer of precious and base metals through the development of its Bilbao project located in the Central Mexican Mineral Belt in the State of Zacatecas, as well as through exploration, organic growth and M & A opportunities.

For further information visit www.xtierra.ca.

Neither the 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 the accuracy of this release.

Contact Information

  • Xtierra Inc.
    Terence McKillen
    President & Chief Executive
    +1 (416) 362-8243
    Xtierra Inc
    Tim Gallagher
    +1 (416) 925-0090
    Xtierra Inc
    Alejandro Alanis
    Director Finance & Administration (Mexico)
    +52 (492) 925-0804