TORONTO, ONTARIO–(Marketwire – June 29, 2011) –Soltoro Ltd. (TSX VENTURE:SOL) reports that on June 28, 2011, subject to regulatory approval, it has granted incentive stock options to directors, officers and consultants to the Company. A total of 600,000 options were issued exercisable at a price of $0.82 per share for a period of three years. All options granted are subject to 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. An orientation drill program is also being carried out at the Chinipas project in the State of Chihuahua to investigate the potential for a bulk mineable gold deposit. 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 La Tortuga, El Santuario and Peña Grande projects. Soltoro has 49,635,018 shares outstanding and trades on the TSX Venture Exchange under the symbol SOL.
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.