CARSON CITY, Nev., Feb. 12, 2014 (GLOBE NEWSWIRE) -- Del Toro Silver Corp. (OTCBB:DTOR) ("Del Toro" or the "Company") is pleased to provide this corporate update on its recent activities and upcoming plans.
Del Toro has initiated a "rebranding" program in order to best align its focus and goals with a new market image. The program will consist of a Company name change, new logo, new website and an associated investor relations campaign. Management believes such a program will enhance market awareness of the Company and provide a fresh start to facilitate the anticipated growth of the Company in 2014 and the future.
The Company confirms that, over the past 12 months, the Chief Financial Officer has evaluated various mining opportunities that he believes hold merit. In keeping with Del Toro's business strategy, these projects consist of past producing high-grade gold mines located in the Western United States. The Company will perform additional due diligence on these projects and will continue to keep its shareholders updated as to any further developments on these ventures.
Del Toro's management also confirms that it is committed to diligently working with the Company to see all of its projects come to fruition. "Last year was a terrible year in the mining sector as a whole, with many junior companies going out of business" explains CFO Patrick Fagen. "While it may appear to our shareholders that management has not been very productive, we have been very active in our efforts to position the company for strong growth in 2014."
About Del Toro Silver Corp.
Del Toro Silver Corp. is a precious metals exploration and development company based in Carson City, Nevada. Under new management since September 2011, Del Toro's corporate strategy is to focus on the acquisition and development of high grade, near term production gold properties in California and elsewhere in the Western United States. Management believes that this promising niche market offers many opportunities that have been largely ignored or overlooked by competing junior gold mining companies.
For further information, please contact Greg Painter at 775-782-3999.
On behalf of the Board of directors,
"Patrick A. Fagen"
Notice Regarding Forward-Looking Statements:
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, "enhance market awareness", "fresh start", "facilitate the anticipated", "perform additional due diligence", "further developments", "come to fruition", and "position the Company for strong growth in 2014".
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the 2011 fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Source:Del Toro Silver Corp.