Soltoro Ltd.

Soltoro Ltd.

October 20, 2014 09:00 ET

Soltoro Appoints Dr. Glen Masterman to Board

TORONTO, ONTARIO--(Marketwired - Oct. 20, 2014) - Soltoro Ltd. (TSX VENTURE:SOL) has appointed Dr. Glen Masterman as an independent Director of Soltoro Ltd.

Glen has more than 20 years of experience in precious metals exploration, resource development and business development and brings a wealth of knowledge and experience to the board of Soltoro. Most recently, Glen served as Senior Vice-President, Exploration for Kinross Gold Corporation ("Kinross"), where he managed global exploration activities and led teams on a number of important new, near-mine discoveries in Kinross' regions of operation.

As head of exploration, Glen significantly enhanced Kinross' strength in global exploration and was ultimately responsible for delivering programs to replenish annual gold production. Glen also oversaw exploration at the Tasiast mine in Mauritania which resulted in a major resource expansion and additional discoveries. Prior to Kinross, Glen was General Manager, Exploration for Bolnisi Gold, an Australian company that discovered and developed the Palmarejo silver and gold mine in northern Mexico. He commenced his career with WMC Resources and later joined Goldfields Exploration Ltd and Placer Dome Asia Pacific. Glen graduated with a B.Sc.(Honours) from the University of Melbourne and earned his PhD from the University of Tasmania.

Soltoro's President and CEO, Andrew Thomson comments: "Glen has an intimate understanding of epithermal silver and gold deposits in Mexico which will enhance efforts to expand, develop and identify new opportunities at Soltoro's exploration projects. On behalf of the Board and management we would like to welcome Glen to our team."


Soltoro is engaged in exploration for gold and silver deposits in Mexico. Soltoro holds in excess of 30,000 hectares of ground in Jalisco State. Soltoro is focused on expanding silver resources at the El Rayo silver project while seeking partners to advance the balance of its projects. Soltoro holds a 3% N.S.R. payable on Argentum Silver's Victoria and Coyote properties. Soltoro has 69,533,037 common shares issued and 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. 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.

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