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AZR.V ·

Tournigan Grants Options

Share Capital & Compensation

NEWS RELEASE July 15, 2011

Symbol: Canada TSX.V – TVC Frankfurt – TGP

TOURNIGAN GRANTS OPTIONS

Vancouver, July 15, 2011—Tournigan Energy Ltd. (TVC: TSX-V; TGP: Frankfurt) The directors of Tournigan today granted a total of 3,675,000 incentive stock options of the capital stock of the company to directors, officers, employees and consultants exercisable for up to a five year period at an exercise price of $0.11 which is the closing price of Tournigan’s stock on the date prior to the date of grant. The options granted are pursuant to Tournigan’s 5% rolling stock option plan and are subject to any applicable regulatory hold periods.

About Tournigan Tournigan is a uranium exploration and development company that has built a portfolio of highly prospective assets in Slovakia, a member of the European Union since 2004. Slovakia is economically and politically stable, has excellent infrastructure and currently has four nuclear reactors generating half of its electricity with two more under construction. Tournigan is committed to safe and sustainable exploration and mine development in Slovakia. In addition to Kuriskova, Tournigan has several other exploration targets along the Slovakian uranium belt which are showing positive exploration results.

TOURNIGAN ENERGY LTD.

“Dusty Nicol”

Dorian L. (Dusty) Nicol, President and CEO

For further information please contact: Knox Henderson, Tournigan Energy Investor Relations, at (604) 683-8320, or visit www.tournigan.com.

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

Unit 1 - 15782 Marine Drive, White Rock, BC Canada V4B 1E6 Tel: (604) 683 8320 Fax: (604) 683 8340 Email: [email protected]