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Soldi Ventures Inc. Closes First Tranche of Flow Through Private Placement

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/19/12 -- Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) announces that it has closed the first tranche of a non-brokered private placement. The Company raised a total of $295,960.02 at a price of $0.06 per share in the first tranche.

A total of 4,932,667 units at a price of $0.06 per unit were issued as flow-through units consisting of one common share and one-half non-transferable share purchase warrant. One whole warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.10 per share for two years from the date of closing.

The following pros participated in the private placement:

Pro group: Bradley Steinmetz 166,667 flow-through units and Jean-Francois Perrault 100,000 flow-through units.

Finders' fees: EMD Financial Inc. received $29,956 and 493,267 Broker Warrants. The Broker Warrants are exercisable into units at a price of $0.06 per unit for two years from the date of closing. Each unit will consist of one common share and one-half non-transferable share purchase warrant. Each whole warrant will entitle EMD Financial Inc. to purchase an additional common share of the Company at a price of $0.10 per share for a period of two years from the date of closing.

Shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period of four months expiring November 18, 2012. The proceeds of the private placement will be used for exploration activities. The Company intends to raise an additional $124,039.98 as part of this financing for total flow through proceeds of $420,000.

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."

Contacts:
Soldi Ventures Inc.
(604) 683 5445
(604) 687 9631 (FAX)
[email protected]
www.soldiventuresinc.com

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