Sola Resource Corp.
TSX VENTURE : SL

Sola Resource Corp.

November 17, 2006 14:41 ET

Sola Resource Corp.: Private Placement Filled

CALGARY, ALBERTA--(CCNMatthews - Nov. 17, 2006) - Sola Resource Corp. (TSX VENTURE:SL) (the "Company"), is pleased to announce that its non-brokered private placement of up to 2,000,000 Units, for a total amount of CDN$500,000.00 (the "Offering"), has been filled.

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 located thereon, 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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