Roca Mines Inc.

 Thu Jul 12, 2012
ROCA Announces Strategic Review

 Vancouver, British Columbia: Roca Mines Inc. (TSX-V: ROK) ("Roca" or "the Company") announces that it has been active in seeking potential investment to the Company through several financing opportunities while concurrently managing its assets in the face of difficult market conditions.

Global uncertainty and a general weakening of support in the resource sector and in particular molybdenum investments have brought the Company to a point where new financial initiatives must be undertaken. Roca and its wholly-owned subsidiary, FortyTwo Metals Inc. has recently engaged a financial advisor to assist in evaluating a broader range of opportunities available to it, including: structured debt, asset and tax pool sales, joint ventures and other arrangements.

The primary intent of this engagement is to preserve value for our shareholders and all stakeholders, including our trade-related creditors. The Company's Board and management, together with its financial advisor, are evaluating strategic alternatives for our business and will provide further updates when appropriate.

"Scott Broughton"
Scott E. Broughton -- President and Chief Executive Officer

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

You can view the Next News Releases item: Thu Sep 6, 2012, ROCA Director and Officer Resignations

You can view the Previous News Releases item: Thu Dec 29, 2011, ROCA Reports Year End Results

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