Santo Mining Corp. (OTCBB:SANP), (the "Company"), has instructed its counsel to prepare an application to FINRA regarding a 2-1 forward split of the Company's common shares . It is expected that the split will be undertaken as soon as practicable and will be administered on a 'payable upon surrender' basis; requiring shareholders to deliver their certificates to the Company's transfer agent in order to receive their new post-split shares.

The forward split is subject to the approval of the Financial Industry Regulatory Authority (FINRA) and the decision to approve the 2-1 forward split was done to make the price of the stock more accessible to a larger percentage of the investment community.

"We have seen our Company grow and together with this growth we have seen the price of our shares rise as well, and to reflect our continued growth and anticipated revenue, we want to allow our shareholder base to grow and to be more diverse," states Alain French, CEO of Santo Mining Corp.