Soltoro Ltd.
TSX VENTURE : SOL

Soltoro Ltd.

April 30, 2009 18:23 ET

Soltoro Ltd.: Notice of Change of Auditor

TORONTO, ONTARIO--(Marketwire - April 30, 2009) - Soltoro Ltd. (TSX VENTURE:SOL) -

To: Bolton & Bolton, Chartered Accountants

And to: Sievert & Sawrantschuk LLP, Chartered Accountants

Notice is hereby given that on February 19, 2009 the Board of Directors of Soltoro Ltd. (the "Company") determined: to accept the resignation, dated February 19, 2009, of Bolton & Bolton, Chartered Accountants (the "Former Auditor"), as auditor of Soltoro; to engage Sievert & Sawrantschuk LLP, Chartered Accountants, as auditor of Soltoro, effective February 19, 2009; and to propose Sievert & Sawrantschuk LLP, Chartered Accountants, for appointment as the auditors of Soltoro at the next Annual Meeting of Shareholders of Soltoro.

The Board of Directors of Soltoro and its Audit Committee have considered and approved the decision: to accept the resignation of Bolton & Bolton, Chartered Accountants, as auditor of Soltoro; to engage Sievert & Sawrantschuk LLP, Chartered Accountants, as auditor of Soltoro; and to propose Sievert & Sawrantschuk LLP, Chartered Accountants, for appointment as the auditors of Soltoro at the next Meeting of Shareholders.

There have been no reservations in the Former Auditor's Report on any of the Company's financial statements commencing at the beginning of the two most recently completed fiscal years and ending on December 31, 2007. The Former Auditor did not audit any financial statements of the Company subsequent to the December 31, 2007 fiscal year of the Company.

In the opinion of the Company, prior to the resignation, and as at the date hereof, there were no reportable events, including disagreements, consultations, or unresolved matters as defined in National Instrument 51-102, Continuous Disclosure Obligations, between the Former Auditor and the Company.

The contents of this Notice and the attached letters from Bolton & Bolton, Chartered Accountants, and Sievert & Sawrantschuk LLP, Chartered Accountants, have been reviewed by the Board of Directors.

Dated at Toronto, Ontario this 30th day of April, 2009

On behalf of the board

Andrew Thomson, President

The first document associated with this release is available at the following web link: http://media3.marketwire.com/docs/sol0430doc1.pdf.

The second document associated with this release is available at the following web link: http://media3.marketwire.com/docs/sol0430doc2.pdf.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved of the contents of this release.

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