Avala Resources Ltd. (TSX VENTURE:AVZ) (the "Company") wishes to announce that
it has granted an aggregate of 4,860,000 stock options (the "Option") to
directors, officers, employees and consultants of the Company and its Serbian
subsidiary. Subject to the terms of the Company's option plan and regulatory
approval, the options are exercisable for a period of five years at an exercise
price of $1.20 and are vesting in three equal tranches over a two-year period.


About Avala Resources Ltd. 

Avala Resources Ltd. is a Canadian-based gold and copper exploration company
with a large block of exploration licenses and one concession within and
adjacent to the Timok Magmatic Complex (TMC) in the Republic of Serbia. The
common shares of Avala trade on the TSX Venture Exchange under the symbol AVZ.
Additional information about the Company is available through regular filings
and press releases on SEDAR at www.sedar.com and on the Company's website at
www.avalaresources.com.


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