 |  |   Fri Nov 5, 2004
$500,000 Private Placement
|
| | ROK #20-04
Vancouver, British Columbia, November 5, 2004: Roca Mines Inc. (the "Company") has arranged a private placement of up to 2 million units ("Units") at a price of $0.25 per Unit for gross proceeds of $500,000. Each Unit is to consist of one flow-through common share and one half of one warrant, with each full warrant entitling the holder to purchase one non-flow-through common share for one year following closing at a price of $0.35. Canaccord Capital Corporation will act as the Company's exclusive agent to offer the securities.
Proceeds of this offering will be used to finance continued exploration at the Company's Max Molybdenum and Foremore VMS-Gold Projects. The private placement is subject to approval by the TSX Venture Exchange.
ROCA MINES INC.
"David Skerlec"
David J. Skerlec - Chief Financial Officer
For further information contact the Company at:
Tel: 604-684-2900
Fax: 604-684-2902
Email: [email protected]
Web: www.rocamines.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. |
| |
| You can view the Next News Releases item: Mon Nov 15, 2004, Senior Project Geologist Appointed
You can view the Previous News Releases item: Tue Oct 26, 2004, MAX Molybdenum Project: Permit Received
You can return to the main News Releases page, or press the Back button on your browser.
|
|
