Soho Resources Corp. (TSX VENTURE:SOH) ("Soho" or the "Company") announces that
the second and final tranche of the non-brokered private placement of
convertible debenture units announced on July 14, 2010 and July 26, 2010 has
closed.


This second tranche of the private placement consisted of principal amount
$300,000 convertible debenture units ("Units") at a price of $1,000 per Unit,
each Unit consisting of a $1,000 principal amount of convertible debentures (the
"Convertible Debentures") and 20,000 transferable common share purchase warrants
("Warrants"). Each Warrant is exercisable into one common share in the capital
of the Company ("Warrant Share") for a period of two years from the date of
issue, at an exercise price of $0.10 per Warrant Share.


The Convertible Debentures are unsecured, non interest-bearing and are
convertible into common shares of the Company from the date of issue, at the
option of the holder, at a price of $0.05 per common share. The conversion is
conditional upon the Company completing a consolidation of its share capital on
not less than a two for one basis or such other consolidation ratio as
recommended by the Company's board of directors and approved by shareholder at
the Company's next AGM to be held on October 21, 2010.


In addition, the Company paid to the holder of the Units a bonus of 20% of the
principal amount of the Convertible Debentures, payable in common shares of the
Company at an issue price of $0.05 per common share.


ON BEHALF OF THE BOARD OF DIRECTORS

Ralph Shearing, Chief Executive Officer 

WARNING: The Company relies upon litigation protection for "forward-looking"
statements. This News Release may contain forward-looking statements including
but not limited to comments regarding the timing and content of up-coming work
programs, geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address future
events and conditions and therefore involve inherent risks and uncertainties.
Actual results may differ materially from those currently anticipated in such
statements. Soho Resources Corp. relies upon litigation protection for
forward-looking statements. 


Shares Issued - 152,813,693

Last Close 2010/09/15 C$0.045

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