Tigray Resources Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 20, 2013) - Tigray Resources Inc. (TSX VENTURE:TIG) ("Tigray" or the "Company") has granted an aggregate of 4 million stock options to certain directors, officers, employees and consultants pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.105 per share and an expiry date of August 19, 2018.
About Tigray
Tigray is a Canadian mineral exploration company focused on discovery through advancing early-stage mineral projects in Ethiopia. Tigray's key property is the 70%-owned Harvest polymetallic VMS exploration project, which covers 199 square kilometres in the Tigray region of Ethiopia, 600 kilometres north‐northwest of the capital city of Addis Ababa. The Company has an option to earn an 80% interest in the Adyabo property covering 467 square kilometres immediately west of the Harvest project. Tigray's shares trade on the TSX Venture Exchange under the symbol TIG.
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