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ELS

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Share Name Share Symbol Market Type
TSXV:ELS TSX Venture Common Stock
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El Tigre Adopts Advance Notice Policy

22/05/2013 2:00pm

Marketwired Canada


El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX
VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) announces the approval and adoption by
its board of directors of an advance notice policy (the "Policy"). The purpose
of the Policy is to provide a clear process for the shareholders, directors and
management to follow when nominating directors of the Company. Such a Policy
will ensure that shareholders receive adequate notice of director nominations
and sufficient information regarding all director nominees and allow
shareholders to register an informed vote after having been afforded reasonable
time for appropriate deliberation.


The Policy, among other things, includes a provision that requires advance
notice to the Company in certain circumstances where nominations of persons for
election to the board of directors are made by shareholders of the Company. The
Policy sets a deadline by which director nominations must be submitted to the
Company prior to any annual or special meeting of the shareholders and also sets
out the required information that must be included in the notice to the Company.
Unless the Policy is followed no person will be eligible for election as a
director of El Tigre.


In the case of an annual general meeting of the shareholders, notice to the
Company must be made not less than 36 days and not more than 65 days prior to
the date of the annual meeting. If the annual meeting is being held on a date
that is less than 50 days following the date on which the first public
announcement of the meeting was made notice may be made not later than the close
of business on the 10th day following such public announcement. 


In the case of a special meeting of shareholders (which is not also an annual
meeting) called for the purpose of electing directors, notice to the Company
must be made not later than the close of business on the 15th day following the
day on which the first public announcement of the date of the special meeting
was made. Notwithstanding the foregoing, the Board of Directors may, in its sole
discretion, waive any requirement.


The Policy is in effect as at the date this news release and the Company intends
to seek shareholders' approval to adopt the Policy into the Company's articles
at its annual general meeting scheduled for June 24, 2013. 


The full text of the policy is available on SEDAR www.sedar.com. 

About El Tigre Silver Corp.:

The Company, through its subsidiaries, holds the rights to 100% of nine mineral
concessions, eight comprising of 431 square kilometres located in north-eastern
Sonora, Mexico (the "El Tigre Property"). El Tigre also holds one additional 32
hectare claim separate from 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.


Cautionary Statements:

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 include the adoption of the
Policy by the shareholders at the annual general meeting. 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 of 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
El Tigre Silver Corp.
Stuart Ross
President and CEO
(778) 980-7187
srross@eltigresilvercorp.com


El Tigre Silver Corp.
Steven Craig
VP Exploration
(775) 815-8456
scraig@eltigresilvercorp.com


El Tigre Silver Corp.
Rob Grace
Corporate Communications
(604) 639-0044
(604) 608-6163 (FAX)
rgrace@eltigresilvercorp.com
www.eltigresilvercorp.com

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