AVG Avidian Gold Corp

Avatar Energy Ltd. ("Avatar" or the "Corporation") (TSX VENTURE:AVG), today
announces that it has granted options to purchase an aggregate of 215,552 common
shares of the Corporation at an exercise price of $0.60 per share to certain
directors and officers of the Corporation. The options vest at the rate of
one-third on each of the first, second and third anniversaries of the date of
grant and expire five years from the date of grant.


In addition, 82,530 agent's options have been exercised to bring the total
issued and outstanding shares of the Corporation to 20,946,983.


There are currently 2,094,698 common shares of Avatar reserved for issuance
under the Corporation's stock option plan.


The grant of the stock options is subject to TSX Venture Exchange approval.

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