Tapango Resources Ltd. announces stock option grant

TSXV: TPA.H

VANCOUVER, Feb. 21, 2012 /CNW/ - Tapango Resources Ltd. (TSXV - TPA.H) (the "Company") reports that pursuant to the Company's Stock Option Plan, a total of 1,250,000 stock options have been granted to directors and officers, charitable organizations and consultants of the Company.  The options are exercisable at an exercise price of $0.23 per share for a period of ten years subject to regulatory approval.

On behalf of the Board of
TAPANGO RESOURCES LTD.

"Geir Liland"

President & Director

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 NEWS RELEASE

For further information:

Suite 3123, 595 Burrard Street
Vancouver, BC  V7X 1J1
Tel:  (604) 609-6110

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Tapango Resources Ltd.

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