Avala Resources Reports on AGM and Option Grants
18 Giugno 2013 - 9:25PM
Marketwired Canada
Avala Resources Ltd. (TSX VENTURE:AVZ) held its annual general and special
meeting of shareholders on June 18, 2013. All items of business on the agenda
were approved including the re-election of the eight directors, the
re-appointment of the independent auditors, and the confirmation of the stock
option plan.
Avala also announces that, subject to regulatory approval, it has granted an
aggregate of 125,000 stock options to non-executive directors, following their
re-election to the board of directors at the meeting. The options are
exercisable at a price of $0.10 for a period of five years from the date of
grant.
About Avala Resources Ltd.: Avala Resources is a mineral exploration company
focused on the exploration and development of its Timok Gold Project in Serbia.
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.
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:
Avala Resources Ltd.
James Crombie
President and CEO
+1.450.640.0810
info@avalaresources.com
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