Sniper Resources Ltd.
TSX VENTURE : SIP

Sniper Resources Ltd.

April 19, 2011 16:31 ET

Sniper Resources Ltd.: Grant of Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 19, 2011) - Sniper Resources Ltd. (TSX VENTURE:SIP) ("Sniper" or the "Company") announces the grant of an aggregate of 1,250,000 stock options to directors, officers and consultants of the Company at an exercise price of $0.28 per share with expiry dates ranging from 18 months to five years from the date of grant, subject to the terms of the Company's stock option plan.

Sniper Resources Ltd.

Scott Baxter, Chief Executive Officer

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 release.

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