Georox Resources Inc. grants options

KELOWNA, BC, Aug. 17 /CNW/ - Georox Resources Inc. ("Georox" or "the Company ) (GXR:TSX-V; OF6A:FRA) reports that it has, subject to regulatory approval, granted 1,100,000 options at $0.145 per share to directors and officers of the Company.

The Company trades its common shares on the TSX Venture Exchange under the symbol GXR, and on the Frankfurt Stock Exchange under the symbol OF6A.

For further information you can visit the Company's website at: www.georoxresources.com or view the Company's records on SEDAR at: www.sedar.com

Cautionary Statement:

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein. This news release includes certain "forward looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed from time to time in the filings made by the Company with securities regulations.