Rocmec Mining Inc.
TSX VENTURE : RMI

Rocmec Mining Inc.

May 29, 2006 16:30 ET

Rocmec Announces Closing of Second Tranche of Financing with Desjardins-Innovatech S.E.C.

POINTE-CLAIRE, QUEBEC--(CCNMatthews - May 29, 2006) - Rocmec Mining inc. ("Rocmec") (TSX VENTURE:RMI) is pleased to announce the closing of the last tranche of financing with Desjardins-Innovatech S.E.C. for a total amount of $500,000, as publicly announced in the press release dated March 3rd, 2006.

This last tranche of financing is comprised of five $100,000 debentures, numbered 6 to 10, maturing respectively 30, 36, 42, 48, and 54 months following their date of issuance. The debentures are convertible into common shares with conversion prices ranging between $0.22 and $0.27. The holders, subject to the approval of the lawful authorities, may request that interest payments be paid in common shares.

Additionally, the company has received regulatory approval with regards to the debentures totalling $850,000, as publicly announced in the press release dated April 4th, 2006.

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 veins with it's 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 Russian Kid property are an excellent example of this strategy.

Rocmec Mining Inc., is a publicly trading Canadian junior exploration company, listed on the TSXVenture exchange under the symbol RMI. The primary objective is 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 vein deposits.

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

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