|January 08, 2010|
Indico Grants 625,000 Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 8, 2010) - Indico Resources Ltd. (TSX VENTURE:IDI) (the "Company") wishes to announce that, pursuant to its 2006 Incentive Stock Option Plan, it has granted incentive stock options to directors and officers of the Company to purchase up to an aggregate of 625,000 common shares in the capital stock of the Company. The options are exercisable on or before January 8, 2011 at a price of $0.55 per share.
For further details on the Company, readers are referred to the Canadian regulatory filings on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD OF DIRECTORS
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