Soltoro Limited Grants Options
27.11.2011 | Marketwire
TORONTO, ONTARIO -- (Marketwire - Nov. 26, 2011) - 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 Peña 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.
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.
Contact Information
Soltoro Ltd.
Andrew Thomson, President
www.soltoro.com