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ELS

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Delayed by 15 minutes
Share Name Share Symbol Market Type
TSXV:ELS 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 -

El Tigre Silver Corp. Appoints Lisa Dea as Chief Financial Officer

01/04/2014 8:18pm

Marketwired Canada


El Tigre Silver Corp. ("El Tigre" or the "Company") (TSX
VENTURE:ELS)(FRANKFURT:5RT)(OTCQX:EGRTF) is pleased to announce that it has
appointed Lisa Dea as Chief Financial Officer ("CFO") effective April 1, 2014.


Ms. Dea, CPA, CA has over 19 years of experience in the finance, securities and
accounting fields. Previously, Ms. Dea was the Vice President, Finance and Chief
Financial Officer of Silvermex Resources Inc. a TSX listed, mid-tier producing
silver company from May 2011 until it was acquired in July 2012. Ms. Dea oversaw
all aspects of finance and legal as well as implemented structure, controls,
governance and fiscal policy. Prior to Silvermex, Ms. Dea was the VP Finance and
CFO of Polaris Minerals Corporation, also a TSX listed company, for 5 years and
was responsible for the overall financial management of the Company, including
overseeing Polaris' debt and capital market activities, managing banking
relationships with US, Canadian and International banks and internal and
external public reporting. During her career at Polaris, she completed numerous
debt and equity financings, and oversaw the implementation of the financial
controls, processes and corporate financing strategies required to bring Polaris
from development stage to large-scale commercial production.


Prior to joining Polaris, Ms. Dea spent eleven years at Deloitte &Touche LLP,
achieving the position of Senior Manager. Ms. Dea obtained her Chartered
Accountants designation in 1997 and holds a BComm from the University of British
Columbia.


"We are pleased to have attracted someone with Ms. Dea's experience and
expertise to fill this key role," said Stuart Ross, El Tigre Silver's President
and CEO. "Lisa brings the first-hand experience of taking a company from
development to production in Mexico. She will be instrumental in implementing
and maintaining financial systems and controls for El Tigre as the Company
transitions into a production company." 


El Tigre also announces that on April 1, 2014, the Board of Directors granted
stock options to Ms. Dea to purchase up to 175,000 common shares under its
Incentive Stock Option Plan. The exercise price is $0.25 and the stock options
will expire 5 years from the date of the grant. 


The options have been granted pursuant to the Company's Stock Option Plan. The
Company currently has an aggregate of 4,617,000 options outstanding under the
Stock Option Plan.


El Tigre also reports that Mr. Grant Smith has resigned as CFO of the Company.
El Tigre would like to thank Grant for his dedication and contribution to the
Company in its formative years and wishes him success in his future business
endeavours.


About El Tigre 

The Company, through its subsidiaries, holds the rights to 100% of nine mineral
concessions, eight comprising of 215 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 NI 43-101Technical Report
Preliminary Feasibility Study has been prepared for the El Tigre Silver Project
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.


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 future plans to implement
and maintain financial systems and controls. 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.


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