Grant of Stock Options
News Release
TSODILO RESOURCES LIMITED
Grant of Stock Options
January 2, 2018 Trading Symbol: TSXV: TSD #010218
TORONTO, CANADA - Tsodilo Resources Limited (TSX Venture Exchange: TSD) ("Tsodilo" or the "Company")
reports that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors i n
September 2002, 260,000 stock options were granted to officers and senior employees on January 2, 2018, at CDN
$0.65 per common share. These options are valid for five years and vest in four equal installments on January 2,
2018, July 2, 2018, January 2, 2019 and July 2, 2019.
About Tsodilo Resources Limited
Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for
economic diamond and metal deposits at its Bosoto (Pty) Limited ("Bosoto") and Gcwihaba Resources (Pty) Limited
("Gcwihaba") projects in Botswana and its Idada 361 (Pty) Limited ("Idada") project in Barberton, South Africa.
The Company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa
Kimberlite Field (OKF) in Botswana and the PL216/2017 diamond prospection license also in the OKF. The
Company has a 100% stake in its Gcwihaba project area consisting of several metal (base, precious, platinum group,
and rare earth) prospecting licenses all located in th e North-West district of Botswana. Additionally, Tsodilo has a
70% stake in Idada Trading 361 (Pty) Limited which holds the gold and silver exploration license in the Barberton
area of South Africa. Tsodilo manages the exploration of the Gcwihaba, Bosoto and Idada projects.
This press release may contain forward-looking statements. All statements, other than statements of historical fact,
that address activities, events or developments that the Company believes, expects or anticipates will or may occur
in the future (including, without limitation, statements pertaining to the use of proceeds, the impact of strategic
partnerships and statements that describe the Company’s future plans, objectives or goals) are forward-looking
statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on
information currently available to the Company. Forward-looking statements are subject to a number of risks and
uncertainties that may cause the actual results of the Company to differ materially from those discussed in the
forward-looking statements, and even if such actual results are realized or substantially realized, there can be no
assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause
actual results or events to differ materially from current expectations include, among other things, changes in equity
markets, changes in general economic conditions, political developments in Botswana and surrounding countries,
changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of
financing needed in the future, exploration and development risks, the uncertainties involved in interpreting
exploration results and the other risks involved in the mineral exploration business. Any forward-looking statement
speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new
information, future events or results or otherwise. Although the Company believes that the assumptions inherent in
the forward-looking statements are reasonable, forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty
therein.
Neither the TSX Venture Exchange (“TSXV”) nor its Regulation Services Provider (as that term is defined in the
policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. This news release
may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-
looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the
Company's -control, which may cause actual results or performance to differ materially from those currently
anticipated in such statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
James M. Bruchs Chairman and Chief Executive Officer [email protected]
Dr. Mike de Wit President and Chief Operating Officer [email protected]
Head Office Telephone +1 416 572 2033 Facsimile + 1 416 987 4369
Website http://www.TsodiloResources.com