Mazorro Resources Inc.
TSX VENTURE : MZO
FRANKFURT : JAM

Mazorro Resources Inc.

January 04, 2011 17:34 ET

Mazorro Grants Stock Options

OTTAWA, ONTARIO--(Marketwire - Jan. 4, 2011) - Mazorro Resources Inc. ("Mazorro" or the "Company") (TSX VENTURE:MZO)(FRANKFURT:JAM) announces that it has granted stock options for a total of 2,000,000 common shares of the Company to officers, directors and consultants of the Company. These stock options are exercisable at $0.16 per share and expire on January 4, 2016.

This stock option grant is subject to acceptance by the TSX Venture Exchange.

Mazorro currently has 34,759,394 common shares outstanding.

Neither the TSX Venture Exchange or 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 release.

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.

Contact Information

  • Mazorro Resources Inc.
    Andre Audet
    Chief Executive Officer
    613-241-2332