Sola Provides Positive Notice to Move Forward With Potential Partner in Brazil

Sola Resource Corp. (TSX VENTURE:SL) (PINK SHEETS:SORSF) reported that it has provided a Positive Notice under its Memorandum of Understanding, with Rio Madeira Comercio Importacao E Exportacao De Minerios.

The press release is quoted as saying:

Under the MoU, Rio Madeira was to provide access to, and work with Sola, in regards to enabling Sola to review due diligence materials and have access to any and all aspects of Rio Madeira’s business. Such access was provided, and Sola was satisfied with information and materials presented to date. Further due diligence will continue, but under the terms of the MoU, Sola has been satisfied with its initial reviews.

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