TORONTO, ONTARIO--(Marketwire - April 12, 2012) - Solvista Gold Corporation ("Solvista" or the "Corporation") (TSX VENTURE:SVV)(OTCQX:SVVZF) announces the grant of a total of 350,000 stock options to certain officers, directors, employees and consultants of the Corporation pursuant to the Corporation's stock option plan. The stock options were granted effective April 12, 2012, exercisable at a price of $0.75 per common share and expire on April 12, 2017; 250,000 of the stock options vest as to one-third (1/3) on April 12, 2012, one-third (1/3) on April 12, 2013 and one-third (1/3) on April 12, 2014. The remaining 100,000 stock options vest as to one-half (1/2) on October 12, 2012 and one-half (1/2) on April 12, 2013.
About Solvista
Solvista is a gold exploration company with two projects, Caramanta and Guadalupe. These projects cover approximately 60,000 hectares in the Antioquia province of Colombia, a region rich in historic gold mining tradition and where several new gold discoveries have recently been made. Solvista is well funded and will complete a 10,000 metre drill programme during 2012. Solvista's head office is located in Toronto with its Colombian headquarters located in Medellín. For further details on Solvista, its management team and its projects, please refer to Solvista's website (www.solvistagold.com). Solvista's Canadian regulatory filings can be found on SEDAR at www.sedar.com.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Contact Information:
Don Christie, CA
Chief Financial Officer
+1 416 504 4171
dchristie@solvistagold.com