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 up
to 4,250,000 common shares in the capital of the Corporation ("Common Shares")
at a subscription price of Cdn $0.10 per Common Share for gross proceeds of up
to Cdn. $425,000. 


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 net proceeds from the offering to fully evaluate
the suitability of alternative trading markets that will provide the Company
better access to new and existing sources of capital and offer the Company
greater flexibility and opportunities to fund its aggressive growth plans for
both the Cehegin Iron Ore and Alberta-1 tin/tantalum Spanish projects.  


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