Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) would like to announce
that the non-brokered private placement announced on June 15th, 2010 has closed.
The Company raised $545,250 at a price of $0.05 per share.


A total of 6,845,000 units were issued as flow-through units consisting of one
common share and one-half of one non-transferable share purchase warrant. One
warrant will entitle the holder to purchase one additional common share of the
company at a price of 10 cents per share for a period of two years.


A total of 4,060,000 units were issued as non-flow-through units consisting of
one common share and one non-transferable share purchase warrant. One warrant
will entitle the holder to purchase one additional common share of the company
at a price of 10 cents per share for a period of two years.


Shares, warrants and any shares issued upon exercise of the warrants are subject
to a hold period of four months expiring November 8, 2010. The proceeds of the
private placement will be used for exploration of the company's mineral
properties and general working capital.


The following pros and insiders participated in the private placement;

Pro group: Kerry Chow 1,600,000 flow through, Ivano Veschini 200,000
non-flow-through


Insider Group: Charles Desjardins 100,000 flow-through

Finders' fees: $30,000 cash and 600,000 warrants (same terms as private
placement above) payable to PI Financial Corp. $3,500 cash and 70,000 warrants
(same terms as above) payable to Bolder Investment Partners. $1,000 cash and
20,000 warrants (same terms as above) payable to Union Securities Ltd. 


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. In addition, the Company intends to acquire
Metallurgical coal leases. Solitaire continues to negotiate for coal leases with
near and long term production potential.


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.


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