Roca Mines Inc.

 Tue Mar 6, 2007
Roca Closes $10 million Financing

 Vancouver, British Columbia: Roca Mines Inc. (ROK: TSX-V) ("Roca") announces that it has now closed the private placement announced on February 27, 2007 for gross proceeds of $10 million upon the issuance of 7,142,857 units.

Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to acquire an additional common share until September 6, 2008 at a price of $2.25. All securities issued are subject to a hold period expiring on July 7, 2007. A Finder's fee of $800,000 was paid in connection with this financing.

Proceeds from this financing will be used to accelerate the Company's Phase II plans at the Max Molybdenum project.

"David Skerlec"
David J. Skerlec -- Chief Financial Officer

For further information contact:
Doug Fosbrooke
Investor Relations
Tel: 604-684-2900
Fax: 604-684-2902
Email: [email protected]

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

You can view the Next News Releases item: Wed Mar 14, 2007, Roca Funds Max Molybdenum Exploration Program

You can view the Previous News Releases item: Tue Feb 27, 2007, Roca Arranges MAX Molybdenum Project Expansion Financing

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