CALGARY, June 12 /CNW/ - The board of directors of Avery Resources Inc. (TSX-V: ARY) has approved the granting of 1,560,000 options to officers, directors and employees of the Corporation. The options have an exercise price of $0.72 per share and expire five years from June 12, 2006, which is the date of grant. About Avery Avery Resources is an international junior oil and gas exploration company based in Calgary, Alberta that trades on the TSX Venture Exchange under the symbol ARY. The company is committed to growing shareholder value through international acquisitions and exploration. Avery's primary interest is in Australia, where the company is building a significant presence through partnerships, drilling and acquisitions. A successful oil well (Toparoa-1) was recently drilled by Avery and its partner in the Cooper Basin region of Australia where Avery is planning to drill up to eight wells over the next year. Forward looking statements: Except for statements of historical fact, all statements in this press release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00003559E
