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SOHO INCREASES OWNERSHIP IN TAHUEHUETO PROJECT Mr. Frank Port reports, Soho Resources Corp is pleased to report that at a recently held General Extraordinary Meeting of Sacramento De La Plata S.A. De C.V., (Soho’s majority owned Mexican subsidiary and 100% owner of the Tahuehueto Property), a 93% quorum of shareholders of Sacramento approved an increase of capital of Sacramento by issuing to Soho’s 100% owned Mexican subsidiary, Samarkand De Mexico S.A. De C.V., 1,000,000 series ”C” shares, at a par value of Ten Mexican Pesos per share in consideration for the capitalization of Ten Million México Pesos loaned to Sacramento by Samarkand for exploration and development of the Tahuehueto Project. As a result of the increase in capital outlined above, Soho’s wholly owned Mexican Subsidiary Samarkand, is now the registered owner, of 1,051,000 shares representing 99.15% of the total issued capital of Sacramento and is the beneficial owner of an additional 3,000 shares of Sacramento which together represent 99.4% of the total issued capital of Sacramento.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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