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

El Tigre Silver Corp.

November 10, 2011 09:00 ET

El Tigre Silver Corp. Qualifies for OTCQX International in U.S. and Retains Roth Capital Partners

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2011) - El Tigre Silver Corp. (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) (the "Company" or "El Tigre") is pleased to announce that the Company has retained Roth Capital Partners LLC ("Roth") to serve as the Company's Principal American Liaison ("PAL") regarding its upgrade to the OTCQX International (the "OTCQX"). The Company's shares will commence trading on the OTCQX effective at market open today, November 10, 2011, under the symbol "EGRTF".

Roth will serve as the Company's Principal American Liaison (PAL) on the OTCQX, responsible for providing guidance on the OTCQX requirements. Investors will be able to find current financial disclosure and Real-Time Level 2 quotes for the Company's shares trading on the OTCQX by visiting www.otcmarkets.com. The Company's shares will continue to trade and will remain listed on the TSX Venture Exchange in Canada under the symbol "ELS".

Stuart Ross, Chief Executive Officer of El Tigre, stated: "We are impressed with the list of international companies that trade on the OTCQX and are pleased to be joining a premium market tier with rigid listing and maintenance standards. Our board and management are pleased that Roth is representing El Tigre as our Principal American Liaison. Roth's platform and knowledge base of the U.S. investment community will complement the efforts to expand El Tigre's capital markets profile in the U.S."

About El Tigre

The Company, through its subsidiaries, holds the rights to 100% of nine mineral concessions comprising 431 square kilometers 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 at www.eltigresilvercorp.com.

About Roth Capital Partners LLC

Roth is an investment banking firm dedicated to the small-cap public market. Since its inception in 1984, ROTH has been an innovator in this market. Roth's exclusive focus is to offer our clients a full spectrum of investment banking services, including capital raising, research coverage, trading and market making, merger and acquisition advisory services, and investor conferences.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter (OTC) market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcmarkets.com.

Cautionary Statements:

This news release contains forward-looking statements. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include those risks set out in the Company's public documents filed on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. 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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