Rocmec Mining Inc.
TSX VENTURE : RMI

Rocmec Mining Inc.

December 18, 2006 17:04 ET

Rocmec Announces Closing of Third Tranche of Debenture Financing

POINTE-CLAIRE, QUEBEC--(CCNMatthews - Dec. 18, 2006) - Rocmec Mining Inc. (TSX VENTURE:RMI) is pleased to announce that it has closed a third and final tranche of its convertible debenture financing previously announced in the press release dated October 12th and November 22nd, 2006. The Company received $700,000 bringing the total to $1,500,000 of this debenture financing. A cash commission of 10% was paid.

Rocmec also announces that it has closed a private placement of $142,920 with qualified investors and insiders of the Company as announced by press release December 14th 2006. The private placement is comprised of a total of 320,000 common shares priced at $0.20 each and 281,857 flow-through shares priced at $0.28 each. Insiders of the Company purchased 135,000 common shares. A cash commission totaling $3,306 was paid.

Rocmec's growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. Exploitation of narrow high-grade precious metal quartz veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer. The acquisition, development and future exploitation activities at the recently acquired Rocmec I (Russian Kid) property are an excellent example of this strategy.

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 narrow high-grade precious metal quartz vein properties. The Company is listed on the TSX-Venture exchange and trades under the symbol: RMI

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

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