Solex Resources Corp.

Solex Resources Corp.

January 29, 2007 13:00 ET

Solex Resources Corp. Appoints Mr. Robert Boaz as Independent Chairman

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 29, 2007) - Solex Resources Corp., (TSX VENTURE:SOX) ("Solex" or the "Company") announces that Mr. Sebastian Reidl, Chairman, CEO and Director, will be stepping down from the Company as of February 1, 2007 to pursue other opportunities and ventures.

Effective immediately, Mr. Robert Boaz, an independent director of the Company, will become Chairman of the Board. In addition, Mr. Jonathan Challis will assume the combined title of President & CEO to build upon the Company's successes to date. Mr. Reidl will remain as a consultant to the Company for the coming year.

The Company wishes Mr. Reidl success in his future endeavors and thanks him for his role as the founder of the Company and in establishing Solex as an exciting and significant exploration company with a highly prospective suite of uranium properties in Peru.

On Behalf of the Board of Directors of


Jonathan Challis, President & Director

This news release has been prepared by management of the company who takes full responsibility for its contents. This news release may include forward-looking statements within the meaning of Section 27a of the United States Securities Act of 1933, as amended, and Section 21e of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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