/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 01/11/16 -- First Bauxite Corporation (the "Company") (TSX VENTURE: FBX) is pleased to announce that it has granted incentive stock options for the purchase of up to an aggregate of 4,100,000 common shares of the Company at an exercise price of $0.10 for a five-year period to certain directors and an officer of the Company.

About First Bauxite

First Bauxite Corporation (TSX VENTURE: FBX) is a Canadian natural resource company engaged in the exploration and development of bauxite deposits in Guyana, South America. The Company has its head office in Toronto and is managed by experienced professionals with worldwide experience in the global industrial minerals industry across a number of industrial minerals. For further information on First Bauxite Corporation, please visit our corporate website at www.firstbauxite.com.

On behalf of The Board of Directors of First Bauxite Corporation

Alan Roughead, President & CEO

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.

Contacts:
First Bauxite Corporation
Alan Roughead
President & CEO
416-613-0910
www.firstbauxite.com

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