CALGARY, ALBERTA--(Marketwire - Nov. 28, 2011) - Solium Capital Inc. ("Solium" or the "Corporation") (TSX:SUM) today announces that a Notice of Intention to make a Normal Course Issuer Bid (the "Bid"), which has been approved by its Board of Directors (the "Board"), and has been filed with and accepted by the Toronto Stock Exchange. The Board of the Corporation believes that the purchase of its shares is an appropriate and desirable use of its available cash. As a general practice, the Corporation repurchases its common shares mainly to offset the dilutive effective of stock issuances under its share award incentive programs. Therefore, the Corporation believes that the Bid is in the best interest of Solium and its shareholders.

Pursuant to the Bid, Solium is authorized to repurchase for cancellation up to 400,000 common shares in the capital of Solium ("Common Shares"), which is equal to approximately 0.96% of the issued and outstanding Common Shares as at the date hereof. As at October 31, 2011, there were 41,785,200 Common Shares issued and outstanding. The average daily trading volume of the Corporation's Common Shares over the last six completed calendar months was 10,026 ("ADTV"). Accordingly, pursuant to the rules of the Toronto Stock Exchange, the maximum number of Common Shares that the Corporation may repurchase in any one day is 25% of the ADTV, which totals 2,506 Common Shares. Solium may also make one block purchase per calendar week which exceeds the daily repurchase restriction.

The Bid will commence on November 30, 2011 and will terminate on the earlier of: (i) November 29, 2012; and (ii) the date on which the maximum number of Common Shares are purchased pursuant to the Bid. Purchases of Common Shares under the Bid will be effected through the facilities of the Toronto Stock Exchange, or alternative Canadian markets and exchanges including the Pure Trading, Triact (Matchnow ATS), CHI-X ATS, Omega ATS, and Alpha Trading Systems at the market price at the time of purchase.

Canaccord Genuity Corp. ("Canaccord") has been appointed as the broker firm responsible for making purchases of Common Shares under the Bid on behalf of Solium pursuant to an automatic share repurchase plan agreement dated November 25, 2011 between Solium and Canaccord (the "ASRP Agreement"). Concurrent with entering into the ASRP Agreement, Solium provided Canaccord with a certificate, executed by an officer of Solium, confirming that Solium is aware of the ASRP Agreement and that to the best knowledge of such officer, there is no material undisclosed information regarding Solium. Pursuant to the ASRP Agreement, the timing for the purchase of Common Shares, the number of Common Shares purchased and the price payable for the Common Shares will be determined by Canaccord in its sole discretion, without consultation with Solium, having regard to the price limitations and other terms of the ASRP Agreement and the rules of the Toronto Stock Exchange.

The Corporation's Board and management believe that the purchase by the Corporation of its outstanding Common Shares pursuant to the Bid constitutes an attractive and appropriate investment of corporate funds.

About Solium Capital Inc.

Solium Capital Inc. (TSX:SUM) specializes in technology and services for the administration and execution of equity-based incentive and savings programs for corporations and their employees. Solium's technology platforms, Shareworks, StockVantage and Express Options, are leading online solutions that integrate the management of multiple equity plan types including stock options, share units, share appreciation rights ("SARs"), restricted stock awards, and employee share purchase plans on one comprehensive platform for a client.

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