Soltoro Grants Options
November 26 2011 - 9:48PM
Marketwired
Soltoro Ltd. (TSX VENTURE:SOL) reports that on November 26, 2011,
subject to regulatory approval, Soltoro granted incentive stock
options to directors, officers, employees and consultants to the
Company. A total of 530,000 options were issued exercisable at a
price of $0.83 per share for a period of three years. The options
were approved by the Board on November 22, 2011 with their pricing
delayed until the expiry of a trading blackout period. All options
granted are subject to normal vesting under the Company's stock
option plan.
About Soltoro:
Soltoro is engaged in exploration for bulk tonnage gold and
silver deposits in Mexico. The Company has two diamond drills
operating at the El Rayo silver project with the objective of
expanding the existing NI 43-101 silver resource. Soltoro has
optioned a portion of its Quila claim to Timmins Gold Corp. and
optioned its Victoria and Coyote claims to Argentum Silver Corp.
The Company continues to actively advance its Chinipas, La Tortuga,
El Santuario and Pena Grande projects. Soltoro has 56,716,537
shares outstanding and trades on the TSX Venture Exchange under the
symbol SOL. Coeur D'Alene Mines Corp. holds 4.5 million shares of
Soltoro Ltd.
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: Soltoro Ltd. Andrew Thomson President (416)
987-0722www.soltoro.com