SOFTROCK MINERALS LTD (SFT on TSX-Venture Exchange) ISSUES A PROGRESS REPORT

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[{"type":"text","content":"\n\n\n\n Feb. 6, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nCALGARY, Feb. 6 /CNW/ - The Honourable Nick Taylor, president and CEO of\n Softrock Minerals Ltd states that neither he, nor any of the directors\n of the company, are aware of any reason for the large volume of the\n company's shares (SFT) traded on the TSXV last Friday Feb 04.\n\n\nHe further states that although the company is negotiating on a number\n of proposals, including acquiring a partner in its 100 percent owned\n 26,880 hectares (67,200 acres) of Northern Alberta Metallic &\n Industrial Minerals Permits (Potash, Lithium, Hydrogen, etc.) plus oil\n and gas farm-ins in its west central Alberta lands (Minhik), and heavy\n oil in eastern Alberta, none seem to be near final resolution.\n\n\nThe company has also been approached by a number of financial\n institutions regarding a possible new share issue but nothing has\n developed here either.\n\n\nFinally, last week the company was informed by the TSXV Exchange that\n the 600,000 share options granted by the company to its directors\n October 22, 2010 at $0.05 per share would not be allowed unless the\n option price was increased to $0.10. The company is doing so.\n\n\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as\n the term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release\n\n\n\n\nHonourable Nick Taylor Pres of Softrock at 403-266-2605, so...

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