Soho Resources Corp.
TSX VENTURE : SOH

Soho Resources Corp.

December 06, 2006 11:45 ET

Soho Receives $967,500 from Exercise of Warrants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 6, 2006) -

Mr. Frank Port reports,

SOHO Resources Corp. (TSX VENTURE:SOH) is pleased to report that it has received net proceeds of $967,500 from the exercise of 3.25 million warrants that were fully subscribed before they expired on December 01, 2006. The proceeds, combined with the approximately $2,000,000 cash on hand, will be used to continue the Company's ongoing exploration program at the 90%-held Tahuehueto poly-metallic project in Durango State, Mexico as well as for general working capital.

Project Update

The Company is pleased to advise that the drilling program at the project is now operating at full capacity, with two diamond drills turning 24 hours per day. The 18,000 meter core drilling program is fully funded and is aimed at defining resources within five priority mineralized structures on the property. Eleven holes have been completed since early August using one drill that had operated intermittently over this period because of mechanical and weather-related delays and the recently arrived second drill rig has completed one additional drill hole. Core samples from nine of these holes have been submitted to the lab for analysis and results are pending.

On behalf of the Board,

Ralph Shearing, President and Chief Executive Officer

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOHO Resources Corp. (TSX VENTURE:SOH)

Shares Issued - 74,265,563

Last Close 2006/12/05 C$0.65

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

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