Avala Resources Ltd.
TSX VENTURE : AVZ

Avala Resources Ltd.

November 18, 2011 11:28 ET

Avala Resources Announces Grant of Stock Options

LONGUEUIL, QUEBEC--(Marketwire - Nov. 18, 2011) - Avala Resources Ltd. (TSX VENTURE:AVZ) (the "Company") announces that it has granted a total of 200,000 stock options to senior officers of the Company. Subject to the terms of the Company's option plan and regulatory approval, the options are exercisable for a period of five years at an exercise price of $1.20 and are vesting in three equal tranches over a two-year period.

About Avala Resources Ltd.

Avala Resources Ltd. is focused on the exploration and development of the Potoj Cuka sediment-hosted gold project and the Timok gold-copper project in Serbia. The common shares of Avala trade on the TSX Venture Exchange under the symbol AVZ. Additional information about the Company is available through regular filings and press releases on SEDAR at www.sedar.com and on the Company's website at www.avalaresources.com.

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 accuracy of this press release.

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