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Roca Closes $10 million Financing
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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
$800,000 was paid in connection with this financing.
Proceeds from this financing will be used to accelerate the Company's
Phase II plans at the Max Molybdenum project.
ROCA MINES INC.
"David Skerlec"
David J. Skerlec -- Chief Financial Officer
For further information contact:
Doug Fosbrooke
Investor Relations
Tel: 604-684-2900
Fax: 604-684-2902
Email: info@rocamines.com
Web: www.rocamines.com
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
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Copyright (c) 2007 ROCA MINES INC. (ROK) All rights reserved. For
more information visit our website at http://www.rocamines.com/ or send
mailto:info@rocamines.com
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VanEck Vectors Global Alternative Energy ETF
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DEVELOPMENT STAGE |
CODE : ROK.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Roca Mines is a gold and molybdenum exploration company based in Canada. Roca Mines holds various exploration projects in Canada. Its main asset in development is MAX in Canada and its main exploration properties are FOREMORE and SEAGOLD in Canada. Roca Mines is listed in Canada and in United States of America. Its market capitalisation is 9.7 millions as of today (US$ 7.2 millions, € 6.4 millions). Its stock quote reached its highest recent level on December 31, 2007 at 3.98, and its lowest recent point on August 24, 2012 at 0.02. Roca Mines has 47 442 200 shares outstanding. |