DEL TORO SILVER CORP. (OTCMKTS:DTOR) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02
Unregistered Sales of Equity Securities
On December 9, 2016, we issued 683,836 common shares in the capital of our company. The securities were issued in connection with the conversion of accumulated interest from March 25, 2015 to December 9, 2016, in the amount of $6,383.36, related to debt in the amount of $50,000, at the conversion price of $0.01 per share.
We issued the securities to one (1) U.S. persons (as that term is defined in Regulation S of the Securities Act of 1933) to the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act of 1933, as amended.
About DEL TORO SILVER CORP. (OTCMKTS:DTOR)
Del Toro Silver Corp. (Del Toro) is a mining and Exploration Company engaged in the acquisition, exploration and development gold properties in the western USA, with a focus California mining districts. The Company’s wholly owned subsidiary is Minera Plata Del Toro S.A. de C.V. The Company has entered into a joint venture partnership terms agreement with Noble Mining Inc. with respect to the acquisition of a toll milling facility in the western United States. The Company owns 70% interest in Dos Naciones Property. Dos Naciones Property is located in central Sonora State, 140 kilometers north northeast of the city of Hermosillo and approximately 75 kilometers southwest of the Cananea porphyry copper mining district within the northern Mexico copper-molybdenum porphyry belt. DEL TORO SILVER CORP. (OTCMKTS:DTOR) Recent Trading Information
DEL TORO SILVER CORP. (OTCMKTS:DTOR) closed its last trading session up +0.0123 at 0.0500 with 63,600 shares trading hands.