Andrew Thomson of Soltoro Joins Argentum's Board
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/14/12 -- Argentum Silver Corp. (TSX VENTURE: ASL) ("Argentum" or the "Company") announces that Andrew Thomson and Warren McIntyre have been appointed to the Board of Directors of the Company. Mr. McIntyre is Argentum's Chief Executive Officer. Mr. Thomson is the Chief Executive Officer of Soltoro Ltd.
Andrew Thomson is the President and CEO of Soltoro Ltd. (TSX: SOL), a junior mining and exploration company focused on expanding a primary silver resource at its El Rayo property in Jalisco, Mexico. He has over 20 years of experience in mining exploration throughout Mexico, Honduras and Panama. Mr. Thomson also serves as a Director for Gossen Resources Ltd. and Montero Mining and Exploration Ltd.
Warren McIntyre commented, "I am pleased to have Andrew join our board. He and his company are great supporters of Argentum and currently hold over 15% of our outstanding shares. Mr. Thomson brings a wealth of experience and contacts to our team in our efforts to define and develop a resource at our Coyote property in Jalisco, Mexico."
Stock Option Grant
The Company also announces the grant of incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to 1,532,600 common shares in the capital stock of the Company pursuant to an approved share option plan. The options are exercisable at a price of $0.20 per share on or before September 13, 2017, subject to the approval of the TSX Venture Exchange.
About Argentum Silver
Argentum has earned a 100% interest in the Coyote silver-gold project and the Victoria property, each located in Jalisco, Mexico, which are in the process of being transferred from Soltoro Ltd. Argentum also owns a 100% interest in the Lachiguiri and Silacayoapan properties, all located in Oaxaca, Mexico. For further information, please go to www.argentumsilvercorp.com.
On behalf of the Board of Directors of Argentum Silver Corp.
Warren McIntyre, President and Chief Executive Officer
Forward-Looking Statements
This news release may contain forward-looking statements, including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Argentum relies upon litigation protection for forward-looking statements.
Neither 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.
Contacts:
Argentum Silver Corp.
Ian Tootill
Director of Investor Relations
604.661.2110
ian@argentumsilvercorp.com
www.argentumsilvercorp.com
