VANCOUVER, Jan. 17 /CNW/ - Tigris Uranium Corp. (TSX.V: TU) ("Tigris" or the "Company") announces that it has granted incentive stock options for the purchase of 800,000 common shares of the Company at a price of $0.75 per share to its directors, officers, employees and consultants. The options expire five years from the date of grant.

About Tigris Uranium Corp.

Tigris Uranium Corp. has assembled an elite staff and technical team with considerable experience in the uranium sector and is committed to providing shareholders with exceptional leverage to rising uranium prices through the acquisition of established resources. Tigris will achieve this through four value-enhancing strategies: acquisition of uranium projects with established resources in stable mining jurisdictions such as the United States and Canada; conducting geological and engineering work likely to expand resources, upgrade resources to reserves and improve recoverability; advancing existing resources into and through the permitting process to accelerate the potential uranium production timeline; and selling or partnering projects, when they reach the production stage, to limit risk and share dilution.

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.

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Tigris Uranium Corp's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Tigris Uranium Corp. assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

SOURCE Tigris Uranium Corp.

For further information: Tigris Uranium Corp., Janet Lee-Sheriff, President, Phone: (604) 648-4653

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Tigris Uranium Corp.

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