Soldi Ventures Inc.
TSX VENTURE : SOV

Soldi Ventures Inc.

April 25, 2012 21:09 ET

Soldi Ventures Inc. Closes First Tranche of its Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 25, 2012) - Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) announces that the first tranche, with respect to the non-brokered private placement announced on April 2nd, 2012, has closed. The Company has raised $229,800 at a price of $0.12 per share.

A total of 1,915,000 units at a price of $0.12 per unit were issued as non-flow-through units consisting of one common share and one share purchase warrant. One warrant will entitle the holder to purchase one additional common share of the company at a price of 15 cents per share for the first year and 18 cents until expiration on the second year.

Shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period of four months expiring August 26, 2012. The proceeds of the private placement will be used for exploration activities and general working capital.

The following pros participated in the private placement;

Pro group: Dallas Fahy 100,000 non-flow-through shares.

Finders' fees: Andy Chu receives $12,000 and 100,000 Warrants; Macquarie Private Wealth Inc. receives $6,480 and 54,000 Warrants; Canaccord Genuity Corp. receives $600 and 5,000 Warrants. Each Broker Warrant is exercisable at a price of $0.12 per share per share until expiration on April 25th, 2014.

You can now find Soldi Ventures Inc. on Twitter at http://twitter.com/soldiventures.

Soldi Ventures Inc. (TSX VENTURE:SOV) is a Canadian junior exploration company focused on discovering gold and graphite deposits in politically safe jurisdictions.

On behalf of the board of SOLDI VENTURES INC.

Charles Desjardins, President

Cautionary note:

This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. The production rate and mine-life projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

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