Solomon Sells Balance of Sleitat Tin Property and Settles More Outstanding Debt

15 – 1873 Spall Road, Kelowna, BC V1Y 4R2, Canada Phone 778-484-5572 Fax 250-712-0977 Web Site: www.solomonresources.ca

NEWS RELEASE

Solomon Sells Balance of Sleitat Tin Property and Settles More Outstanding Debt

July 10, 2013 Trading Symbol: TSX-V.SRB

Kelowna, B.C. – Thursday, July 10, 2013. Solomon Resources Limited (SRB: TSX-V) has sold its remaining 20% interest in the Sleitat Tin Property in Alaska for $60,000.

Solomon also has agreed, subject to TSX Venture Exchange approval, to settle indebtedness of $338,805.50 by the issuance of 6,776,110 common shares at a deemed price of $0.05 per share. Included in this amount is $123,457 (2,469,144 shares) payable to current and former directors, officers and employees.

For additional information visit Solomon’s website at www.solomonresources.ca or contact:

Paul S. Maarschalk Chief Financial Officer

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

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