Sola Resource Corp.
TSX VENTURE : SL
PINK SHEETS : SORSF

Sola Resource Corp.

November 25, 2008 16:58 ET

Sola Resource Corp.: Private Placement

CALGARY, ALBERTA--(Marketwire - Nov. 25, 2008) - Sola Resource Corp. (TSX VENTURE:SL) (PINK SHEETS:SORSF) (the "Company"), wishes to announce that, due to prevailing market conditions, it has decided to amend the terms of its Private Placement of Units (the "Offering"), previously announced by way of news releases dated October 17 and November 4, 2008. The Offering will be comprised of up to 16,000,000 Units, for a total amount of CDN$1,120,000.00 in its capital. Each Unit will be priced at $0.07 and will be comprised of one common share and one non-transferable share purchase warrant (the "Warrant" or "Warrants"). Each one Warrant will entitle the holder to purchase one additional common share of the Company at an exercise price of CDN$0.15, for a period of 12 months from the date of issuance of the Units.

The Company will pay a finder's fee(s) in accordance with the policies of the TSX Venture Exchange.

The Company will use the proceeds of the Offering for the exploration and development of its mineral resource properties in Brazil, and for working capital and general corporate purposes.

We seek safe harbour.

ON BEHALF OF THE BOARD OF DIRECTORS OF SOLA RESOURCE CORP.

Thomas Kovacs, President

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

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