SFT Softrock Minerals Ltd

CALGARY, Feb. 6 /CNW/ -- CALGARY, Feb. 6 /CNW/ - 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. He further states that although the company is negotiating on a number of proposals, including acquiring a partner in its 100 percent owned 26,880 hectares (67,200 acres) of Northern Alberta Metallic & Industrial Minerals Permits (Potash, Lithium, Hydrogen, etc.) plus oil and gas farm-ins in its west central Alberta lands (Minhik), and heavy oil in eastern Alberta, none seem to be near final resolution. 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. Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2011/06/c8312.html pHonourable Nick Taylor Pres of Softrock at 403-266-2605, a href="mailto:softrockminerals@shaw.ca"softrockminerals@shaw.ca/a/p

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