Mr. James Crombie reports
AVALA RESOURCES REPORTS ON AGM AND OPTION GRANTS
All items of business on the agenda of Avala Resources Ltd.'s annual general and special meeting of shareholders held on May 28, 2015, were approved, including the re-election of the seven directors, the reappointment of the independent auditor and the confirmation of the stock option plan.
Avala also announces that, subject to regulatory approval, it has granted an aggregate of 125,000 stock options to non-executive directors, following their re-election to the board of directors at the meeting. The options are exercisable at a price of five cents for a period of five years from the date of grant.
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