Past year: ▲ 450%(1.00c – 5.50c USD)
Each one in plain English, with the numbers worked through for a shareholder.
21 Nov 2011material agreement▼ BadMajor
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.
5 Oct 2011director interest notice● Neutral
Patrick Fagen became a DEL TORO SILVER CORP. Chief Financial Officer and company insider (initial ownership filing).
5 Oct 2011director interest notice● Neutral
DEL TORO SILVER CORP. Pres., CEO, Sec. and Treas. Greg Painter bought 375,000 shares on the open market at $0.04.
30 Sept 2011capital raising announcement▼ Bad
Del Toro Silver raised $75,000 from thirteen investors in a private placement at $0.04 per share - a steep drop from the $0.10 unit price ten months earlier, reflecting the stock's declining value.
22 Sept 2011capital raising announcement▼ Bad
Del Toro Silver issued 344,828 shares to convert part of a $55,000 convertible note, the first sign of the note-based dilutive financing that would recur through its history.
20 Sept 2011quarterly activities report▼ Bad
DEL TORO SILVER CORP. reported quarterly revenue of $0 and a net loss of $37 thousand for the period ended 2011-07-31.
16 Sept 2011auditor change● Neutral
This amends the company's earlier filing on replacing its auditor. It confirms Del Toro dismissed MacKay LLP on September 7, 2011 and hired Saturna Group Chartered Accountants, LLP the same day, and it attaches MacKay's letter to the SEC as Exhibit 16.1. MacKay's reports for fiscal 2010 and 2009 had raised substantial doubt about the company's ability to continue as a going concern, and the filing states there were no disagreements over accounting matters. This continues the auditor change first reported on 2011-09-14.
15 Sept 2011late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its quarterly report would be filed late.
14 Sept 2011auditor change▼ BadMajor
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.
2 Sept 2011substantial holder notice● Neutral
Mark McLeary reported a DEL TORO SILVER CORP. shareholding of 780,000 shares (6.14% of votes) in a periodic institutional filing.
7 July 2011director interest notice● Neutral
Greg Painter became a DEL TORO SILVER CORP. President and CEO and company insider (initial ownership filing).
20 June 2011quarterly activities report▼ Bad
DEL TORO SILVER CORP. reported a quarterly net loss of $81 thousand for the period ended 2011-04-30.
15 June 2011late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its quarterly report would be filed late.
17 Mar 2011quarterly activities report▼ Bad
DEL TORO SILVER CORP. reported quarterly revenue of $0 and a net loss of $45 thousand for the period ended 2011-01-31.
23 Feb 2011securities registration● Neutral
DEL TORO SILVER CORP. filed notice of an exempt private placement.
31 Jan 2011late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its annual report would be filed late.
6 Dec 2010capital raising announcement● Neutral
Del Toro Silver raised $200,000 through a private placement of 2 million units (one share plus a two-year warrant to buy another at $0.25) at $0.10 per unit.
What it means for a shareholder
2.0m new shares at about $0.100 to raise about $200,000. That's 16% dilution: every existing holder's slice gets 16% smaller. If you held $1,000 of shares (10,000 at the issue price), your slice goes from 0.0949% to 0.0798% of the company. To keep it you'd need 1,898 more shares - about $190 at the issue price.
Create a free account to see this worked out for your own holding.
25 Oct 2010capital raising announcement● Neutral
Del Toro Silver amended its Dos Naciones option agreement with Yale Resources a second time, again alongside a capital raise.
22 Sept 2010director interest notice● Neutral
DEL TORO SILVER CORP. President Mark A Mcleary sold 35,000 shares.
20 Sept 2010quarterly activities report▼ Bad
DEL TORO SILVER CORP. reported quarterly revenue of $0 and a net loss of $79 thousand for the period ended 2010-07-31.
14 Sept 2010late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its quarterly report would be filed late.
2 Sept 2010director interest notice● Neutral
Richard Tschauder became a DEL TORO SILVER CORP. director and company insider (initial ownership filing).
29 June 2010capital raising announcement● Neutral
Now renamed Del Toro Silver, the company amended its Dos Naciones option agreement with Yale Resources, alongside a capital raise to help fund the required exploration spending.
29 June 2010director interest notice● Neutral
DEL TORO SILVER CORP. President Mark A Mcleary sold 20,000 shares at $0.11.
14 June 2010late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its quarterly report would be filed late.
17 Mar 2010late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its quarterly report would be filed late.
29 Jan 2010late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its annual report would be filed late.
15 Sept 2009late filing notice▼ Bad
DEL TORO SILVER CORP. notified the SEC that its quarterly report would be filed late.
9 Sept 2009securities registration● Neutral
DEL TORO SILVER CORP. amended a filing by which it registered a securities offering with the SEC.
24 Aug 2009securities registration● Neutral
DEL TORO SILVER CORP. registered a securities offering with the SEC.
