Red Rock Energy Inc.
TSX VENTURE : RRK

Red Rock Energy Inc.

July 29, 2009 15:44 ET

Red Rock Energy Inc. Completion of Private Placement

CALGARY, ALBERTA--(Marketwire - July 29, 2009) - Red Rock Energy Inc. ("Red Rock" or the "Corporation") (TSX VENTURE:RRK) is pleased to announce that it has completed, by way of a non-brokered private placement, the sale of 769,614 common shares ("Common Shares") at a price of $0.13 per Common Share on a "flow through" basis for gross proceeds of $100,050 (the "Offering"). Companies owned or controlled by a director of the Corporation acquired 384,614 of the Common Shares sold in the Offering. A finder's fee in the amount of $3,503.50 was paid to an arm's length party who assisted with the placement of a portion of the shares. The hold period for the issued shares will expire on November 29, 2009. Proceeds from the Offering will be used to advance Red Rock's current work program in its Uranium City, Saskatchewan camp.

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.

Contact Information

  • Red Rock Energy Inc.
    Sandy L. Loutitt
    President
    (403) 685-1047
    (403) 410-3854 (FAX)
    or
    Red Rock Energy Inc.
    David E.T. Pinkman
    Vice President
    (403) 685-1047
    (403) 410-3854 (FAX)