All securities issued pursuant to the Private Placement are
subject to a four month statutory hold period expiring May
27, 2012.
The proceeds will be used to further the work on the tailings
recovery project, continued exploration on the El Tigre
Property (defined below) and for general working capital
purposes.
This news release does not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale
of these securities, in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of such
jurisdiction. 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, or for the account or benefit of,
"U.S. persons," as such term is defined in
Regulation S under the U.S. Securities Act, unless an
exemption from such registration is available.
The Company, through it subsidiaries, holds the rights to nine mineral concessions comprising 431 square kilometres 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.
For further information contact:
Stuart Ross, President and CEO Steven Craig, VP Exploration
Telephone: (780) 977-7187 Telephone: (775) 815-8456 srross@eltigresilvercorp.com scraig@eltigresilvercorp.com
Rob Grace, Corporate Communications Telephone: (604) 639-0044
rgrace@eltigresilvercorp.com
1000 - 355 Burrard Street Vancouver, BC V6C 2G8
Office. 604 639 0044 fax. 604 608 6163 www.eltigresilvercorp.com
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. 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.
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.
1000 - 355 Burrard Street Vancouver, BC V6C 2G8
Office. 604 639 0044 fax. 604 608 6163 www.eltigresilvercorp.com
distribué par | Ce noodl a été diffusé par El Tigre Silver Corp. et initialement mise en ligne sur le site http://www.eltigresilvercorp.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-27 15:39:06 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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