Form 8-K for DEL TORO SILVER CORP.

2-Feb-2012

Unregistered Sale of Equity Securities, Financial Statements and Exhibits

 

Item 3.02 Unregistered Sales of Equity Securities

On January 22, 2012, the Company entered into a consulting agreement (the "ATG Agreement") with ATG Inc. ("ATG") wherein AGT will provide financial media relations services to the Company for a period of 45 days. The AGT Agreement can be cancelled at any time by either party in writing only after each month's work has been performed. Any compensation received by ATG shall be retained by ATG and no further fees shall be due.

Pursuant to the terms of the ATG Agreement, the Company will to pay ATG US$19,000 upon receipt of the executed ATG Agreement and issue 300,000 restricted common shares of the Company within ten (10) calendar days of receipt of the executed ATG Agreement. Effective January 26, 2012, the Company has issued all of the shares pursuant to an exemption from registration relying on the provisions of Rule 506 of Regulation D promulgated under the Securities Act of 1933, as amended.

On January 26, 2012 the Company entered into an investor relations and consulting agreement (the "Stock Signal Agreement") with Stock Signal IR and Consulting Group ("Stock Signal") wherein Stock Signal will provide investor relations and promotional services for a period of six (6) months. The Stock Signal Agreement can be cancelled at any time by either party upon ten (10) calendar days' notice to either party.

Pursuant to the terms of the Stock Signal Agreement, the Company will pay Stock Signal US$1,000 and issue an aggregate of 140,000 restricted common shares of the Company. The shares will be issued in increments of 15,000 shares during month one (1); and 25,000 shares for each of months two (2), three (3), four
(4), five (5) and six (6) of the term.

Item 9.01 Financial Statements and Exhibits

10.1 Consulting Agreement with ATG Inc. dated January 22, 2012.

10.2 Investor Relations and Consulting Agreement with Stock Signal IR and Consulting Group dated January 26, 2012.

 

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