February 6, 2011
SOFTROCK MINERALS LTD (SFT on TSX-Venture Exchange) ISSUES A PROGRESS REPORT
CALGARY, Feb. 6 - The Honourable Nick Taylor, president and CEO of Softrock Minerals Ltd states that neither he, nor any of the directors of the company, are aware of any reason for the large volume of the company's shares (SFT) traded on the TSXV last Friday Feb 04.
The company has also been approached by a number of financial institutions regarding a possible new share issue but nothing has developed here either.
Finally, last week the company was informed by the TSXV Exchange that the 600,000 share options granted by the company to its directors October 22, 2010 at $0.05 per share would not be allowed unless the option price was increased to $0.10. The company is doing so.
On behalf of the Board of Directors
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TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
responsibility for the adequacy or accuracy of this release.