|Thu Jul 21, 2005|
Private Placement Closes
| ||ROK #8-05|
Vancouver, British Columbia: Roca Mines Inc. (the "Company") has closed on $800,500 of the flow-through private placement announced on June 15, 2005. 2,668,334 units have been issued at a price of $0.30 per unit, each consisting of one flow-through common share and one half of one share purchase warrant, each full warrant entitling the holder to acquire an additional common share at a price of $0.35 for six months, and at $0.40 for the balance of the twelve month term ending July 21, 2006.
Various dealers received fees totalling $18,672 and 77,800 warrants with the same terms as those issued to subscribers. All securities issued pursuant to the private placement are subject to a hold period expiring on November 22, 2005.
ROCA MINES INC.
David J. Skerlec - Chief Financial Officer
For further information contact the Company at:
Email: [email protected]
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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