Roca Mines Inc.

Roca Mines Inc.

November 10, 2005 17:00 ET

Roca Mines Inc.: Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 10, 2005) - Roca Mines Inc. ("the Company") (TSX VENTURE:ROK) announces that it will complete a non-brokered private placement for gross proceeds of up to $300,000 through the issuance of 1 million units at a price of $0.30 per unit.

Each unit will consist of one common share and one common share purchase warrant ("Warrants"), each Warrant entitling the holder to acquire one additional common share for one year following closing at price of $0.40 per share. The terms and conditions of the Warrants will also provide that, if the Company's shares trade above $0.80 for 10 consecutive trading days, the warrantholders will be given notice that they have 30 days to exercise or the Warrants will expire.

Proceeds from the sale of the units will be used for general working capital. The private placement is subject to regulatory approval.


David J. Skerlec - Chief Financial Officer

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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