TSXV: SRW
FRANKFURT: A0BLQQ
EDMONTON, June 11 /CNW/ - Solid Resources Ltd. ("Solid") announces that it has entered into a settlement agreement and undertaking with the Alberta Securities Commission (the "Commission") regarding the Commission's Docket E01027 hearing scheduled for June 14, 2007. As a result of this agreement, Solid has agreed to pay the Commission $15,000 and an additional $5,000 towards investigative costs. As a result of the agreement, the matters covered by this hearing have been resolved in respect to Solid.
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Certain statements contained in this press release, including statements which are related to exploration activity and future prospects and profitability and which may contain words such as "could", "should", "expect", "believe", "will" and similar expressions and statements relating to matters that are not historical facts are forward-looking statements. Such forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances and/or achievements of Solid to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such factors include fluctuations in the market conditions and prices of tantalum, lithium, tin, silver and other metals and related products and services; competition; political and economic conditions in countries in which Solid does business; changes in laws and regulations, including environmental regulations, to which Solid is subject, and other factors which are described in further detail in Solid's filings with the Canadian Securities Regulators.
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accept responsibility for the adequacy or the accuracy of this release.