Solid Resources Announces Non-Brokered Private Placement

Solid Resources Ltd. ("Solid" or the "Company") (TSX VENTURE:SRW) announced
today it intends to proceed with a non-brokered private placement offering of
units ("Units") at a subscription price of Cdn $0.12 per Unit. Each Unit will
consist of one (1) common share in the capital of Solid and one common share
purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to
purchase one (1) common share in the share capital of the Corporation (a
"Warrant Share") at an exercise price of $0.20 per Common Share during the first
year following the date of closing and at $0.26 per Common Share during the
subsequent year up to a period of two years following the date of closing. The
amount to be raised is up to Cdn. $1,200,000 for a total of 10,000,000 shares.


The securities issued in connection with the private placement will be subject
to a four month hold period. Completion of the offering is subject to all
required regulatory approvals, including the acceptance of the TSX Venture
Exchange.


The Company intends to use the proceeds from the Offering to fund exploration of
the Company's Cehegin Iron Ore project in south-eastern Spain and the Alberta-1
Tin, Tantalum and Lithium project in north-western Spain, plus general working
capital.


Solid Resources is a Canadian junior mining company focused in Spain on the
exploration and development of rare and industrial metals. The Company is
currently studying the re-opening the Cehegin iron ore mine in south-eastern
Spain and is applying for an exploitation permit on its Alberta-1 tantalum/tin
and lithium property in north-western Spain.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Solid Resources Ltd.
Greg Pendura
President & CEO
[phone]
www.solidresources.com