Rocmec Mining Inc.
TSX VENTURE : RMI
FRANKFURT : D5O

Rocmec Mining Inc.

March 05, 2010 14:48 ET

Rocmec Extends Maturity Date of Debentures With Desjardins Innovatech

VAUDREUIL-DORION, QUEBEC--(Marketwire - March 5, 2010) - Rocmec Mining inc. (the «company») (TSX VENTURE:RMI) (FRANKFURT:D5O) is pleased to announce that an agreement has been reached to extend the maturity date of the debentures held by Desjardins Innovatech. The maturity date of the eight (8) $100,000 debentures has been extended to December 31st, 2011. In exchange for the extension, the annual interest rate paid on the debentures will increase from 12% to 13.5%, the conversion price adjusted to $0.13 and Rocmec will issue 4 million common share purchase warrant priced at $0.16 per share for a period of 18 months ending July 1st, 2011. The transaction is subject to the approval of the TSX Venture exchange.

About Rocmec Mining Inc.

Rocmec Mining Inc. is a Canadian junior exploration company actively involved in the acquisition, exploration and development of precious metal projects. The Company's exclusive thermal fragmentation process combined with its growth strategy place it as the partner of choice for the development of high-grade narrow vein precious metal properties. The Company's shares are listed on the TSX-Venture (RMI) and the FSE (D5O) exchange.

Thermal fragmentation…mining ounces not TONNES!

The Thermal Fragmentation Mining Method video can be viewed on Rocmec's website or by clicking the following link: http://www.rocmecmines.com/video_an.asp

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Please visit us on the web at www.rocmecmines.com

Neither 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