 |  |   Wed Nov 19, 2003
Private Placement Closes
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| | #16-03
Vancouver, British Columbia, November 19, 2003: Roca Mines Inc. ("Roca") announces that the $510,000 private placement announced on November 14, 2003 has now closed. Roca issued 3.4 million units, consisting each of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one common share at a price of $0.20 per share until November 19, 2005. All common shares and any shares issued upon exercise of the warrants will be subject to a hold period expiring on March 20, 2003. A success fee of $45,750 will be paid upon closing. Proceeds from the private placements will be used for exploration, acquisitions and for general working capital.
ROCA MINES INC.
"Scott Broughton"
Scott E. Broughton, P.Eng - President
For further information contact Scott Broughton, John Mirko or David Skerlec at:
Tel: 604-684-5900 (Broughton Ext. 114 / Mirko Ext. 110 / Skerlec Ext. 147)
Email: [email protected] / [email protected] / [email protected]
Web: www.rocamines.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. |
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