Solomon Announces Intention to Consolidate Shares and Changes to the Board of Directors

April 27th, 2009 Trading Symbol: TSX-V.SRB

Armstrong, BC – Monday, April 27th 2009. Solomon Resources Limited (SRB: TSX-V) reports that following extensive discussions with various interested financial advisors, the Board of Directors has concluded that Solomon must consolidate its outstanding common shares to enable it to raise the financing required for its ongoing and new mineral projects. The consolidation is proposed to be done on a 10 old shares for one new share basis.

Solomon currently has 62,701,648 common shares outstanding plus warrants and options to purchase a further 12,329,266 shares. Following the 10:1 consolidation, there will be 6,270,165 shares outstanding, and warrants and options to purchase a further 1,232,927 shares at an exercise price equal to 10 times the original exercise price.

Solomon has called a special meeting of shareholders for June 23, 2009 to seek the approval necessary to carry out the consolidation. The consolidation will also be subject to TSX Venture Exchange approval. Solomon does not propose to change its name in connection with the share consolidation.

The Company also announces that Mr. Michael G. Church will be retiring as a Director on April 27th, 2009 after 20 years of valuable service to the Company. The Board wishes to thank Mr. Church for his many years of service and contributions to the development of the Company and wishes him well on his retirement. Mr. Randall S. Rogers, President and Chief Operating Officer of the Company, has been appointed to replace Mr. Church. Randy is a retired member of the Royal Canadian Mounted Police and a former securities regulator as well as a Professional Geologist (P.Geol.) registered with the Association of Professional Engineers, Geologists and Geophysicists of Alberta. In addition to his new role on the Board of Directors of Solomon Resources Limited he is the President and CEO of Boss Power Corp. (TSX-V.BPU) and a Director of the Prospectors and Developers Association of Canada.

Solomon Chairman Larry Nagy observed: “Randy brings a wealth of experience to his new role on the Board of Directors, and is a welcome addition as we position Solomon to meet the challenges of the new market reality. Randy is well respected in the exploration and regulatory community and his reputation will stand the company in good stead. Solomon will be well positioned with a superb technical and management team together with viable mineral exploration and development projects for the inevitable recovery of capital markets.”

Forward Looking Statements:

Some of the statements in this news release may contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Solomon. Actual results may differ materially from those currently anticipated in such statements.

About Solomon Resources Ltd.:

Solomon Resources Ltd. is a Canadian public company focused on the acquisition, exploration and development of quality mineral properties world wide. Solomon is managed by a proven team of exploration geologists involved with the discovery and/or development of a number of significant deposits in the world, including the Snip, Eskay Creek, and Brewery Creek deposits in Canada; the Segala gold deposit in Mali; the Chimney Creek, Mule Canyon, Ruby Hill, Mesquite, and Ortiz gold deposits in the United States, the Gosowong deposit in Indonesia and the Cadia East deposit in Australia.

Solomon is currently engaged in the exploration of gold projects in British Columbia and uranium projects in Mongolia. Solomon intends to capitalise on low entry cost opportunities that become available as a result of the current world economic uncertainty and is actively seeking early to late stage gold projects in both Canada and other low to medium risk jurisdictions. As the world economy recovers Solomon will also consider other suitable precious and base metal opportunities.

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

Randall S. Rogers, President and Chief Operating Officer

Phone: 250-546-4772

Email: [email protected]

Lawrence J. Nagy, Chairman and Chief Executive Officer

Phone: 250-546-4772

Email: [email protected]