VANCOUVER, Jan. 13, 2012 /CNW/ - Anglo Swiss Resources Inc. (ASW:TSX-V)
(ASWRF: OTCQX) ("Anglo Swiss" or the "Company") announces the grant of 7,000,000 incentive stock options to purchase
common shares of the Company at $0.10 per share for five (5) years to
directors and officers of the Company. The grants are subject to
acceptance by the TSX Venture Exchange.
The Company has closed the private placement announced on November 7,
2011. Closing of the second and final tranche was announced on December
About Anglo Swiss:
Anglo Swiss Resources Inc. controls a highly-prospective, Canadian
precious and base metal exploration property portfolio which includes
its flagship 100%-owned Kenville Gold Mine property in southeastern BC,
as well as its 100%-owned Lansdowne House, Ring of Fire nickelcopper-
PGE project in northwestern Ontario. Further information about the
Company may be found at http://www.anglo-swiss.com or at http://www.sedar.com.
Cautionary Note Regarding Forward-Looking Statements: Certain statements made herein may contain forward-looking statements
or information within the meaning of Canadian securities laws. Such
forward-looking statements or information include, but are not limited
to, statements or information with respect to Anglo Swiss Resources'
plan for future exploration and development of its properties.
Forward-looking statements or information are based on a number of
estimates and assumptions and are subject to a variety of risks and
uncertainties, which could cause actual events or results to differ
from those reflected in the forward-looking statements or information.
Should one or more of these risks and uncertainties materialize, or
should underlying estimates and assumptions prove incorrect, actual
results may vary materially from those described in forward-looking
statements or information. For example, there is no certainty, that any
economically viable mineral deposit will be located on the Property, or
that the Company will be able to raise sufficient capital to complete
all of its exploration and drill programs. Accordingly, undue reliance
should not be placed on forward-looking statements or information.
Anglo Swiss does not expect to update forward-looking statements or
information continually as conditions change, except as may be required
by securities law.
Neither 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 release.
SOURCE Anglo Swiss Resources Inc.
For further information:
Chris Robbins, Vice President
Jari Paakki, CEO