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Home : Soltoro Finalizes Option of Victoria and Coyote Silver Gold Projects to Argentum Silver |
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Apr 27 2011 |
Soltoro Finalizes Option of Victoria and Coyote Silver Gold Projects to Argentum Silver |
TORONTO, ONTARIO--(Marketwire - April 26, 2011) -Soltoro Ltd. (TSX VENTURE:SOL) and Argentum Silver Corp. (TSX VENTURE:ASL) have entered into an option agreement whereby Argentum has the right to earn a 100% interest in two individual claim groups (Victoria & Coyote) located in Jalisco, Mexico in exchange for issuing an aggregate total of 5 million common shares of Argentum and paying CDN $255,000 in total cash payments to Soltoro in the first year and making CDN $1,100,000 of exploration expenditures on the properties within a two-year period. All terms of the option agreement are subject to approval by the TSX Venture Exchange. |
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Source:http://www.marketwire.com/mw/release.do?id=1506552&sourceType=3 |
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