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

El Tigre Silver Corp.

August 11, 2011 14:49 ET

El Tigre Silver Corp. Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 11, 2011) - El Tigre Silver Corp. (TSX VENTURE:ELS)(PINK SHEETS:EGRTF)(FRANKFURT:5RT) (the "Company") announces that it has granted incentive stock options to directors, officers and employees which allow for the purchase of an aggregate of 645,000 common shares for a period of five years at a price of $0.33 per share.

The options have been granted pursuant to the Company's Stock Option Plan. The Company currently has an aggregate of 2,700,000 options outstanding under the Stock Option Plan.

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.

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