Volta Resources Adopts Shareholder Rights Plan

TORONTO, February 28, 2011 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that
its Board of Directors (the "Board") has approved the adoption of a
shareholder rights plan agreement ("SRP"), to be entered into with Equity
Financial Trust Company, as rights agent. The SRP is being adopted to provide
adequate time for the Board and the Company's shareholders to assess any
unsolicited take-over bid (a "Bid") which might be received, to provide the
Board with sufficient time to explore and develop alternatives for maximizing
shareholder value and to provide the Company's shareholders with an equal
opportunity to participate in the Bid and protect them from unfair or
coercive tactics. The SRP is not being adopted as a result of any pending or
suspected unsolicited Bid to acquire control of the Company.

The SRP is intended to encourage any Bid to satisfy certain minimum
standards designed to promote fairness. If a Bid fails to satisfy these
minimum standards, the SRP provides that holders of the Company's common
shares, other than the bidder, will be able to purchase additional common
shares at a substantial discount to market price.

The SRP is subject to the approval of the Toronto Stock Exchange and the
ratification by the shareholders of the Company at the Company's next annual
meeting of shareholders to be held later this year.

Upon execution of the SRP, a copy will be filed under the Company's SEDAR
profile at www.sedar.com.

Volta is a mineral exploration company primarily focused on becoming a
leader in the identification, acquisition and exploration of gold properties
in West Africa. The Company is currently fast-tracking its flagship Kiaka
Gold Project, located in Burkina Faso, towards a development decision.

Forward Looking Information Caution:

This press release presents "forward-looking statements" within the
meaning of Canadian securities legislation that involve inherent risks and
uncertainties. Forward-looking statements include, but are not limited to,
statements with respect to the purpose of the adoption of the SRP by the
Company, the anticipated approval of the Toronto Stock Exchange and the
anticipated ratification of the SRP by the shareholders of the Company.
Generally, these forward-looking statements can be identified by the use of
forward looking terminology such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of Volta to be materially different
from those expressed or implied by such forward looking statements, including
but not limited to: risks related to the SRP successfully providing the Board
and the shareholders of the Company with sufficient time to assess any
unsolicited Bid that may be received, and to provide the Board with
sufficient time to explore and develop alternatives that will ultimately
maximize shareholder value and protect shareholders. Although the management
and officers of Volta believe that the expectations reflected in such
forward-looking statements are based upon reasonable assumptions and have
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there
may be other factors that cause results not to be as anticipated, estimated
or intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements. Volta Resources does not
undertake to update any forward-looking statements that are incorporated by
reference herein, except in accordance with applicable securities laws.

    For further information:

    please refer to our website www.voltaresources.com or contact:

    Kevin Bullock, P.Eng., President & CEO
    Tel: +1-647-388-1842
    Fax: +1-416-867-2298
    Email: kbullock@voltaresources.com

    or

    Andreas Curkovic, Investor Relations
    +1-416-577-9927

For further information: please refer to our website www.voltaresources.com or contact: Kevin Bullock, P.Eng., President & CEO, Tel: +1-647-388-1842, Fax: +1-416-867-2298, Email: kbullock at voltaresources.com . or Andreas Curkovic, Investor Relations, +1-416-577-9927.