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Solimar Completes Private Placement

April 09, 2012

MELBOURNE, AUSTRALIA--(Marketwire - April 9, 2012) - Solimar Energy Limited (ASX:SGY) (TSX VENTURE:SXS) ("Solimar" or the "Company") is pleased to announce that the Company has completed a C$1.1 million Private Placement (the "Placement"). These funds will be used to assist with funding the testing program at the Kreyenhagen Project. The company expects to be making additional announcements about this program in the near future.

http://www.marketwire.com/mw/release.do?id=1641467&sourceType=3
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