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AVZ

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Share Name Share Symbol Market Type
TSXV:AVZ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Avala Resources Grants Stock Options

11/07/2012 3:33pm

Marketwired Canada


Avala Resources Ltd. (TSX VENTURE:AVZ) (the "Company") announces that, subject
to regulatory approval, it has granted an aggregate of 400,000 stock options to
non-executive directors, following their election or re-election to the board of
the Company at the annual general and special meeting of the Company's
shareholders held on June 20, 2012. The options are exercisable at a price of
$0.62 for period of five years from the date of grant, and 200,000 of the
options will vest in three equal tranches over two years. 


About Avala Resources Ltd.: Avala Resources is a mineral exploration company
focused on the exploration and development of the Timok Gold Project in Eastern
Serbia. The Timok Gold Project comprises several targets, including Bigar Hill,
Korkan, and Kraku Pestar. Avala controls 100% of this newly identified
sediment-hosted gold belt which totals approximately 250 square kilometres. The
common shares of Avala trade on the TSX Venture Exchange under the symbol AVZ.


Additional information about the Company is available through regular filings
and press releases on SEDAR (www.sedar.com) and on the Company's website at
www.avalaresources.com.


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1 Year Avala Resources Ltd. Chart

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1 Month Avala Resources Ltd. Chart

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