Coniagas grants stock options

    TORONTO, Nov. 13 /CNW/ - Coniagas Resources Limited ("Coniagas" or the
"Company") (TSX-V: "CNY") announces that on November 12, 2007, its Board of
Directors granted stock options in respect of an aggregate of 800,000 common
shares to five of Coniagas' directors and senior officers, at an exercise
price of $0.65 per share. All of the stock options were granted pursuant to
Coniagas' stock option plan.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this

For further information:

For further information: Maurice Colson, President & CEO, (416)
597-0969, Email:

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