InvestorsHub Logo

HDOGTX

03/30/15 10:37 AM

#273 RE: StockPrez #272

CARSON CITY, Nev. , March 30, 2015 (GLOBE NEWSWIRE) -- Del Toro Silver Corp. (OTCBB:DTOR) ("Del Toro" or the "Company") is pleased to announce that, on March 18, 2015 Natchez Pass LLC signed a Membership Interest Agreement which provides funds in the amount of $350,000 USD to re-commence operations at the Natchez Pass Gold Property (AKA the "Nick"). Pursuant to the Purchase Option Termination agreement with Natchez Pass LLC executed on June 6, 2013 , Del Toro owns a 5% Net Smelter Royalty ("NSR") on gold production at the Nick mine, and will receive 5% of the net proceeds from any sale of the Nick to a third party, with a $300,000 minimum return from such sale.