El Tigre Silver Corp.
TSX VENTURE : ELS
FRANKFURT : 5RT
PINK SHEETS : EGRTF

El Tigre Silver Corp.

January 05, 2011 18:37 ET

El Tigre Silver Corp. Announces Stock Option Grant and Change in Financial Year-End

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.

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

Contact Information

  • El Tigre Silver Corp.
    Stuart Ross
    President and CEO
    (780) 977-7187
    or
    El Tigre Silver Corp.
    Eugene K. Schmidt
    Vice President of Exploration
    011-521-662-233-7445
    www.eltigresilvercorp.com