VANCOUVER, BRITISH COLUMBIA--(Marketwire -05/15/12)- Tarsis Resources Ltd. (TSX-V: TCC) ("Tarsis" and "the Company") is pleased to announce that it has completed its Annual General Meeting of the shareholders of Tarsis and the directors proposed at the meeting were all re-elected by the shareholders. Immediately after the meeting, the officers were also re-appointed with Marc G. Blythe remaining the President and CEO, and Mark T. Brown remaining the CFO and Corporate Secretary.
The Board of Directors has also granted 645,000 stock options exercisable at a price of $0.26 to Directors, Officers, and Consultants. The options expire on May 7, 2017.
About Tarsis Resources
Tarsis is an exploration company following the prospect generator business model, with nine mineral properties in the Yukon, Canada, and one in Mexico. The Company acquires prospective exploration projects when metal prices are low or of strategic value, and vends or options out projects to partners for advancement.
On behalf of the Board,
Marc G. Blythe, P.Eng., MBA, President, Director and CEO
This news release was prepared by Company management, which takes full responsibility for content.
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 release.