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

Sola Resource Corp.

April 30, 2008 09:30 ET

Sola Resource Corp.: Private Placement- Annual General Meeting

CALGARY, ALBERTA--(Marketwire - April 30, 2008) - Sola Resource Corp. (the "Company") (TSX VENTURE:SL) (PINK SHEETS:SOLAF), is pleased to announce a non-brokered private placement of up to 3,500,000 Units, for a total amount of CDN$875,000.00 in its capital (the "Offering"). Each Unit will be priced at $0.25 and will be comprised of one common share and one half of one non-transferable share purchase warrant (the "Warrant" or "Warrants"). Each one Warrant will entitle the holder to purchase an additional common share of the Company at an exercise price of CDN$0.50, for a period of 18 months from the date of issuance of the Units.

The Company may 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, including the commencement of testing of its diamondiferous Kimberlite pipe(s) located thereon, and for working capital and general corporate purposes.

The Company wishes to announce also that it has scheduled its 2008 Annual General Meeting for Friday, July 11, 2008, in Calgary, Alberta.

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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