Georox Resources Inc. grants options

    KELOWNA, BC, Aug. 17 /CNW/ - Georox Resources Inc. ("Georox" or "the
Company ) (GXR:TSX-V; OF6A:FRA) reports that it has, subject to regulatory
approval, granted 1,100,000 options at $0.145 per share to directors and
officers of the Company.
    The Company trades its common shares on the TSX Venture Exchange under
the symbol GXR, and on the Frankfurt Stock Exchange under the symbol OF6A.
    For further information you can visit the Company's website at: or view the Company's records on SEDAR at:

    Cautionary Statement:

    Neither the TSX Venture Exchange nor its Regulation Service Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
    The TSX Venture Exchange has not reviewed, and does not accept
responsibility for the adequacy or accuracy of this release.
    No stock exchange, securities commission or other regulatory authority
has approved nor disapproved the information contained herein. This news
release includes certain "forward looking statements". All statements other
than statements of historical fact, included in this release, including,
without limitation, statements regarding potential mineralization and
reserves, exploration results, and future plans and objectives of the Company,
are forward looking statements that involve risks and uncertainties. There can
be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to differ
materially from the Company's expectations are exploration risks detailed from
time to time in the filings made by the Company with securities regulations.

For further information:

For further information: Burkhard Franz, President/CEO, Georox Resources
Inc., Suite 205, 478 Bernard Avenue, Kelowna, British Columbia, Canada, V1L
4J2, Tel: (250) 712-2213, Fax: (250) 712-2215

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