Rockwell Ventures Inc.
OTC Bulletin Board : RVINF

Rockwell Ventures Inc.

April 20, 2007 08:00 ET

Rockwell to Raise $60 Million in Financings

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 20, 2007) -


Rockwell Ventures Inc. ("Rockwell" or the "Company") (TSX VENTURE:RVI)(OTCBB:RVINF) announces that it has priced its previously announced private placement. Rockwell will issue up to 115.4 million units at a price of C$0.52 per unit for aggregate proceeds of up to C$60 million, comprised of approximately C$50 million to be issued to investors under the brokered offering and C$10 million to be issued in the non-brokered offering. Each unit is comprised of one common share and one share purchase warrant exercisable at C$0.70 for a 24 month period from completion. Units issued under the brokered offering are being offered by a syndicate of agents led by RBC Capital Markets. Closing of the offering is expected to occur on or about May 8, 2007. The placement still remains subject to stock exchange approvals and other customary closing conditions.

The common shares and warrants to be sold under the offerings have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and will not be offered or sold within the United States or to or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

For further details on Rockwell Ventures Inc., please visit the Company's website at or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.

Dr. John Bristow, President and Chief Operating Officer

Forward-Looking Statements

This news release contains forward-looking statements which involve known and unknown risks, delays and uncertainties not under Rockwell's control which may cause actual results, performance or achievements of Rockwell to be materially different from the results, performance or expectations implied by these forward-looking statements.

Other than statements of historical fact all statements in this release that address future financing activities and events or developments that Rockwell expects are forward-looking statements. Although Rockwell 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 the 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, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Rockwell, Investors should review Rockwell's annual Form 20-F filing with the United States Securities and Exchange Commission and Rockwell's home jurisdiction filings that are available at

No regulatory authority has approved or disapproved the information contained in this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rockwell Ventures Inc.
    Shawn Wallace
    Investor Services
    (604) 684-6365 or Toll Free: 1-800-667-2114
    (604) 684-8092 (FAX)