SOL

Soltoro Ltd. (TSX VENTURE:SOL) has received notice from Argentum Silver Corp.
(TSX VENTURE:ASL) that it has elected to trigger the early exercise provisions
of the option agreement signed with Soltoro Ltd. (TSX VENTURE:SOL) on April 25,
2011 to acquire a 100% undivided interest in the Coyote and Victoria Silver Gold
Properties located in the State of Jalisco, Mexico. Soltoro is proceeding to
complete the transfer of 100% ownership of both properties to Argentum Silver's
Mexican subsidiary. Soltoro and Argentum Silver recently completed two separate
royalty agreements whereby Argentum Silver has granted Soltoro a 3% Net Smelter
Return (N.S.R.) royalty on both property groupings. The agreements will be filed
against title on transfer of 100% ownership. Soltoro retains a 3% N.S.R.
interest in each project whereby 1% can be purchased by Argentum Silver for
US$1.5 million to a maximum of 2% for each project. In addition, Soltoro holds
6,760,000 common shares of Argentum Silver.


Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "Soltoro has
successfully monetized two of its exploration properties in order to remain
focused on defining further resources at its 100% owned El Rayo primary silver
project also in Jalisco State. Soltoro holds 14.7% of the common shares of
Argentum Silver, which provides Soltoro shareholders with exposure to any
discovery made on all of Argentum's projects in southern Mexico. Additionally
Soltoro retains a 3% NSR royalty participation on each of the Victoria and
Coyote property groupings. Argentum Silver plans to resume a drill program at
Coyote in the later part of the year."


About Soltoro:

Soltoro is engaged in exploration for bulk tonnage gold and silver deposits in
Mexico. Soltoro holds in excess of 55,000 hectares of ground in Jalisco State.
Soltoro is focused on expanding silver resources at the El Rayo silver project.
Soltoro holds 14.7% of the common shares of Argentum Silver Corp. and a 3%
N.S.R. payable to Soltoro on the Victoria and Coyote properties. Soltoro has
optioned the La Tortuga project to Gold Reserve Inc. The Company is seeking
partners to advance the balance of its projects. Soltoro has 59,118,037 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.


This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.

(TSXV:SOL)
Historical Stock Chart
From Jun 2024 to Jul 2024

(TSXV:SOL)
Historical Stock Chart
From Jul 2023 to Jul 2024