Soldi Ventures Inc.
TSX VENTURE : SOV

Soldi Ventures Inc.

December 20, 2010 17:36 ET

Soldi Ventures Inc. Closes Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2010) - Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) reports that it has closed the non-brokered private placement originally announced on December 2nd, 2010. The Company raised $313,925.30.

A total of 648,001 non-flow-through units at a price of $0.30 per unit were issued. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at a price of 40 cents per share for a two year period.

A total of 341,500 flow-through units at a price of $0.35 per unit were issued. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at a price of 45 cents per share for a two year period.

Shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period expiring April 18, 2011. The proceeds of the private placement will be used for exploration of the company's mineral properties and general working capital.

The following pro participated in the private placement:

Pro group: Ivano Veschini 90,000 non-flow-through units.

Finders' fees: $10,400 cash and 33,000 non-transferable warrants payable to Gord Anderson. $6,000 cash and 20,000 non-transferable warrants payable to Haywood Securities Inc. $3,500 cash and 10,000 non-transferable warrants payable to Raymond James Ltd. (Each broker warrant will entitle the holder to purchase one additional common share of the Company at a price of 40 cents per share for a two year period.)

Soldi Ventures Inc. (TSX VENTURE:SOV) is a Canadian Exploration Company focused on discovering world class gold deposits in politically safe jurisdictions. In light of the Rainy River gold discovery and others in the area, the Rainy River gold belt will be a high priority for the Company's exploration efforts.

On behalf of the board of SOLDI VENTURES INC.

Charles Desjardins, President, CEO, CFO, Secretary and Director

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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