Soltoro Ltd. Completes $975,000 Financing

Soltoro Ltd. (TSX VENTURE:SOL) ("Soltoro" or the "Company") is pleased to
announce it has closed a non-brokered private placement of an aggregate of
9,750,000 units (the "Units") at a price of $0.10 per Unit for total gross
proceeds of $975,000 (the "Offering").


Each Unit consists of one common share in the capital of the Company (a "Common
Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant
entitles the holder to purchase one additional Common Share until February 4,
2016 (the "Expiry Date") at an exercise price of $0.15 per Common Share until
the Expiry Date.


In connection with the financing, the Company has paid to eligible persons (the
"Finders") a cash finder's fee of an aggregate of $38,150 and has issued 381,500
finder's warrants ("Finder's Warrants") equal to 7% of the aggregate number of
Units placed by the Finders in the Offering. Each Finder's Warrant is
exercisable to acquire one Unit at a price of $0.10 per Unit until February 4,
2016.


Six directors and officers of the Company participated in the Offering,
subscribing for an aggregate of 780,000 Units. In addition, Ernesto Echavarria
subscribed for an aggregate of 2,500,000 Units in the Offering for gross
proceeds to the Company of $250,000. Upon completion of the Offering, Mr.
Echavarria holds an aggregate of 11,526,700 Common Shares representing
approximately 16.58% of the issued and outstanding Common Shares.


The Common Shares and Warrants issued as Units pursuant to the Offering will be
subject to a four month regulatory hold period commencing from the date of
closing. The Offering is subject to TSXV acceptance of requisite regulatory
filings.


Net proceeds of this private placement will be used to further the Company's
exploration projects, fund possible new acquisitions and for general working
capital. All securities issued pursuant to the private placement are subject to
a four month and one day hold period.


About Soltoro:

Soltoro is a junior exploration company exploring for bulk tonnage gold, silver
and copper deposits in Mexico. The Company continues to develop its El Rayo
silver-gold project to expand the existing NI 43-101 compliant primary silver
resource. Soltoro has also recently completed a mapping and sampling program at
its Pena Grande project; and is actively advancing its Victoria, Quila, Tortuga,
Chinipas and El Santuario projects. Upon completion of the Offering, Soltoro has
69,533,037 common share issued and outstanding and trades on the TSX Venture
Exchange under the symbol "SOL".


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Soltoro Ltd.
Andrew Thomson
President
(416) 987-0722
www.soltoro.com

(TSXV:SOL)
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