Alpha One Corporation Announces Reverse Take-Over

Alpha One Corporation (TSXV:AOC.H) announces the grant of 240,000 stock options at an exercise price of $0.15 per share for a period of five years.

The press release is quoted as saying:

On November 26, 2010 Alpha One announced that it entered into a letter of intent with Solvista Gold Corporation (“Solvista”), an arm’s length Ontario based gold exploration company with two properties in Colombia, South America, pursuant to which Alpha One and Solvista will complete a business combination to further develop the properties of Solvista subject to shareholder and regulatory approval. This transaction is progressing and further announcements will be made.

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