DEL TORO SILVER CORP.

DEL TORO SILVER CORP. deregistered its securities, ending its obligation to file reports with the SEC.

listing compliance notice

Del Toro Silver agreed to buy four mining claims in Storey County, Nevada from Comstock Resources Development LLC for 1,000,000 shares plus a 5% smelter royalty and 25% of any future resale proceeds - its latest small mineral-claim deal after losing all three of its earlier projects.

material agreement

Del Toro Silver took an option (for a nominal $100 deposit) on the Mt. Vernon Mine claims in Sierra County, California from Lazarus Mining LLC - which the filing discloses is wholly owned and controlled by Patrick Fagen, the company's own president, CEO, CFO, secretary, treasurer and director, who had lent the company $55,000 two weeks earlier. The company's top executive was now on both sides of its financing and its asset deals.

material agreement

Del Toro Silver settled both of its outstanding Asher Enterprises toxic convertible notes for a lump-sum $50,000 cash payment with mutual releases, finally ending the years-long death-spiral financing relationship that had been diluting shareholders roughly every month since late 2013.

material agreement

Del Toro Silver renewed the Bowerman Holdings (California) deal once more, extending the closing to March 2017 - nearly five years after the original 2011 signing - this time paying for the extension with 1,000,000 shares issued to Bowerman's parent, Trinity Alps Resources.

capital raising announcement

Del Toro Silver extended the Bowerman Holdings closing again, this time to August 2015 - nearly four years after the deal was first signed in November 2011.

capital raising announcement

Del Toro Silver extended the Bowerman Holdings (California) claims deal yet again, to November 2014 with further extension options available - three years after the original signing with still no closing.

material agreement

Del Toro Silver took on a fifth Asher Enterprises toxic note, $31,500 on the same 8%/death-spiral terms as the prior four.

capital raising announcement

Del Toro Silver extended the Bowerman Holdings (California) claims deal again, agreeing to three more 90-day extension options - the deal still hadn't closed more than two years after it was signed.

material agreement

Del Toro Silver took on a fourth Asher Enterprises toxic note, $51,500 at 8% interest with the same death-spiral conversion formula (50% of the lowest three-day average price).

capital raising announcement

Del Toro Silver gave up its founding project entirely, terminating its option on the Dos Naciones silver property in Sonora, Mexico and transferring its 50% interest back to Alta Vista Ventures (formerly Yale Resources) - leaving the company named after silver with no silver project at all.

material agreement termination

Del Toro Silver terminated its Natchez Pass, Nevada option entirely, walking away from the deal it had signed and repeatedly extended since August 2012 in exchange for only a 5% net smelter royalty on the claims - the second of its three 2011-2012 mineral deals to fail.

material agreement termination

Del Toro Silver extended the Bowerman Holdings (California) claims closing deadline for a fifth time, to November 2013 - a year and a half past the original February 2012 schedule.

material agreement

Del Toro Silver took on a third Asher Enterprises toxic note, $32,500 at 8% interest, convertible at 50% of the average of the lowest three trading prices over the prior 10 days - a death-spiral formula that gets more dilutive the further the stock falls.

capital raising announcement

Del Toro Silver took on a second Asher Enterprises toxic convertible note, $37,500 at 8% interest, this time convertible at just 50% of market price - even steeper terms than the first Asher note four months earlier.

capital raising announcement

Del Toro Silver paid Natchez Pass LLC $7,000 per extension for two more 60-day due-diligence periods on the Nevada option - now paying cash just to keep the unclosed deal alive.

material agreement

Del Toro Silver extended the closing deadline on its Bowerman Holdings (California) claims for a fourth time, to May 2013, while its Natchez Pass (Nevada) option remained similarly unclosed over a year after signing - neither of its two big 2011-2012 mineral deals had actually closed.

farm in farm out agreement

Del Toro Silver took on its first outside toxic convertible note, an 8% $51,500 note from Asher Enterprises convertible at just 58% of market price after 180 days - a far more dangerous financing structure than the officer loans, since falling conversions increase share count and can push the price down further.

material agreement

Del Toro Silver took on a third mineral project, an option with Natchez Pass LLC to earn up to 67.5% of a leasehold in Pershing County, Nevada, for $4.005 million in cash payments plus 5 million shares over five years - on top of its existing Mexico and California claims.

material agreement

Del Toro Silver dismissed its second auditor in five months, Saturna Group, which had likewise flagged substantial doubt about the company's ability to continue as a going concern.

auditor change

Del Toro Silver agreed to buy up to 75% of the KM and Raddlefinger mining claims in Siskiyou County, California from Bowerman Holdings for $6.525 million - a $4.5 million secured promissory note plus 40 million new shares - a huge commitment for a company that had been financing itself with $50,000-$200,000 loans from its own officers.

material agreement

Del Toro Silver dismissed its auditor MacKay LLP; MacKay's prior reports had flagged substantial doubt about the company's ability to continue as a going concern, though there was no disagreement over accounting matters.

auditor change

Candev acquired a 50% interest (and an option on a further 30%) in the Dos Naciones silver project in Sonora, Mexico from Yale Resources for CAD$35,000, with future share issuances and CDN$800,000 of exploration spending required to earn the rest - the deal that gave rise to its later name, Del Toro Silver Corp, and ended its status as a shell company.

asset acquisition disposition

Candev terminated its option to acquire the King Claims property in British Columbia by mutual agreement with the claims' owner, walking away from its only project and saying it was now looking for other business opportunities.

asset acquisition disposition