SLT Specialty Liquid Transportation Corp

Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) would like to announce
that it has closed the Non-Brokered Private Placement announced April 5th 2011.
Solitaire raised $645,000 at a price of $0.05 per share.


A total of 5,800,000 units 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
$0.10 per share in the first year, $0.12 per share in the second year, and $0.15
per share in the third year.


A total of 7,100,000 units were issued as flow-through units consisting of one
common share and one-half of one share purchase warrant. One warrant will
entitle the holder to purchase one additional common share of the company at a
price of $0.10 per share in the first year, $0.12 per share in the second year,
and $0.15 per share in the third year.


Shares, warrants and any shares issued upon exercise of the warrants are subject
to a hold period of four months expiring August 21st 2011. The proceeds of the
private placement will be used for exploration of the company's mineral
properties and general working capital.


The following pros participated in the private placement:

Pro group: Pinetree Resource Partnership 2,000,000 non-flow-through; Ivano
Veschini 380,000 flow-through shares; Kerry Chow 1,700,000 flow-through shares.


Finders' fees: Haywood Securities Inc. receives $53,500 and 1,070,000
non-transferable share purchase warrants, each exercisable for one share at a
price of $0.10 for a three year period.


About Solitaire Minerals Corp.

Solitaire Minerals Corp. (TSX VENTURE:SLT) is a diversified Junior Canadian
Mineral Exploration Company with a specific focus on precious and base metal
properties in North America. 


For additional information please contact Solitaire Minerals Corp. or visit
www.solitaireminerals.com.


On Behalf of the Board of Directors

SOLITAIRE MINERALS CORP.

Charles Desjardins, President 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. 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.

Specialty Liquid Transpo... (TSXV:SLT)
Historical Stock Chart
From Nov 2024 to Dec 2024

Specialty Liquid Transpo... (TSXV:SLT)
Historical Stock Chart
From Dec 2023 to Dec 2024