Roca Mines Inc.

 Tue Jan 27, 2009
Roca Closes First Tranche of Financing

 Vancouver, British Columbia: Roca Mines Inc. (ROK: TSX-V) announces that, further to its press release of January 16, 2009, it has closed the first tranche of the private placement for gross proceeds of $1.4 million upon the issuance of 5,600,000 units.

Each unit issued consists of one common share and one share purchase warrant, each warrant entitling the holder to acquire an additional common share until January 27, 2011 at a price of $0.35. Cash finder's fees in the amount of $93,200 were paid and 66,000 compensation warrants (with the same terms as those issued to the placees) were issued in connection with the first tranche. All securities issued are subject to a hold period expiring on May 28, 2009.

It is expected that the balance of the offering will close on or about February 15, 2009. Proceeds from this financing will be used for general working capital.


"David Skerlec"

David J. Skerlec - Chief Financial Officer

For further information contact:
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: Thu Jan 29, 2009, ROCA Reports First Quarter Results

You can view the Previous News Releases item: Fri Jan 16, 2009, Roca Increases Financing

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