Rockex Limited

Rockex Limited

February 02, 2010 08:00 ET

Rockex Announces Thomas Atkins as New President and Chief Executive Officer

TORONTO, ONTARIO--(Marketwire - Feb. 2, 2010) - Rockex Limited (unlisted) is pleased to announce the appointment of Thomas Atkins to the role of President and Chief Executive Officer effective immediately.

Mr. Atkins has over 25 years experience in the mining industry in various technical, financial, corporate development and investor relations positions. Mr. Atkins will be responsible for advancing Rockex's mandate of developing and executing a business plan to drive the development of the Lake St. Joseph iron ore property, including taking the Company public on a Canadian Stock Exchange.

Mr. Atkins has held increasingly senior positions within the mining industry including that of an exploration and mine geologist and project engineer with a number of mineral exploration companies, as a Corporate and Investment Banker with Citigroup, Bank of Montreal and CIBC World Markets, and as an executive responsible for Investor and Public Relations and Corporate Development with Boliden Ltd. and IAMGOLD. Most recently, Mr. Atkins served as President and CEO of Castle Gold where he directed the company's return to a focused and organized state expanding gold production at reduced operating costs and increasing gold resources and reserves. Castle Gold was the target of a corporate takeover by Argonaut Gold in late 2009. Prior to joining Castle Gold Mr. Atkins was President and CEO of Crowflight Minerals Inc. where he guided it from an advanced exploration stage to a near-term nickel producer and in the process raised $105 million in project development capital.

Mr. Atkins holds a Bachelor of Science degree in Geology from McMaster University, Canada and a Masters of Business Administration degree from the University of Western Ontario (now Ivey Business School), Canada.

Pierre Gagne, founding director and Chairman of Rockex Limited, commented on the appointment of Mr. Atkins, stating: "We're very pleased to have Tom join Rockex at this point in the company's development. His experience and previous successes in key areas of the mining industry including exploration, project management, finance, investor relations and corporate development position him well to lead Rockex in its growth objectives".

About Rockex Limited

Rockex is a new, and as yet unlisted, mineral exploration and development company focused on its 100% owned Lake St. Joseph iron ore deposit in northwestern Ontario. The Lake St. Joseph property is located approximately 100 kilometres northeast of Sioux Lookout and 80 kilometres southwest of Pickle Lake, Ontario.

Rockex is in the process of establishing NI 43-101 compliant mineral resources within the Lake St. Joseph iron ore deposit based on historical data, including drill core, drill data and metallurgical test work. The Company aims to be publicly listing on a Canadian Stock Exchange in 2010, upon the completion or significant advancement of the preliminary technical work.

To find out more about Rockex Limited and to sign up to receive future press releases, please visit its website at

Forward Looking Information: This news release may contain or refer to forward-looking information. All information other than statements of historical fact that address activities, events or developments that Rockex believes, expects or anticipates will or may occur in the future are forward-looking statements; examples include the listing of its shares on a stock exchange and establishing mineral resources. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's ability to control or predict that may cause actual events or results to differ materially from those discussed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Rockex disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Rockex believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be placed on these forward-looking statements due to the inherent uncertainty therein.

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