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

Sola Resource Corp.

June 11, 2009 16:38 ET

Sola Resource Corporation: Repricing of Private Placement

CALGARY, ALBERTA--(Marketwire - June 11, 2009) - Sola Resource Corporation ("the Company") (TSX VENTURE:SL) (PINK SHEETS:SORSF), 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 April 17, 2009 and May 12, 2009. The Offering will be comprised of up to 20,000,000 Units, for a total amount of CDS$1,000,000 in its capital. Each Unit will be priced at $0.05 and will be comprised of one common share and one nontransferable 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 24 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 exploration and development of its mineral resource properties in Brazil, and for working capital and general corporate purposes.

We seek safe harbor.

ON BEHALF OF THE BOARD OF DIRECTORS OF SOLA RESOURCE CORPORATION

William E. Pfaffenberger, Chief Executive Officer

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

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