Rodinia Minerals Inc.
TSX VENTURE : RM

Rodinia Minerals Inc.

June 26, 2009 14:57 ET

Rodinia Receives Final TSX Venture Exchange Approval and Closes Private Placement Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 26, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Rodinia Minerals Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM) has received final approval from the TSX Venture Exchange for its previously announced private placement financing (see press released dated May 29, 2009). The Company has raised a total of $2.7 million through the issuance of 9,000,000 units (a "Unit") at a price of $0.30 per Unit. Each Unit is comprised of one common share (a "Common Share") of the Company and one share purchase warrant of the Company (a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at a price of $0.40 at any time until June 25, 2011.

The Common Shares and the Common Shares issuable upon the exercise of the Warrants are subject to a hold period of four months plus one day which expires on October 26, 2009, pursuant to applicable securities legislation.

The Company paid a cash commission to Delano Capital Corp. ("Delano"), Canaccord Capital Corporation and Bolder Investment Partners, Ltd. totalling $155,700 and has issued 519,000 compensation options that will entitle Delano to acquire that same number of Units of the Company at a price of $0.30 until June 25, 2011.

After taking into consideration this private placement, the Company has a total of 34,797,412 common shares issued and outstanding. The Company intends to use the net proceeds of the financing to fund the exploration and development of the Company's properties and for working capital purposes.

ON BEHALF OF THE BOARD

RODINIA MINERALS INC.

Donald Mosher, President

THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Issued and O/S: 34,797,412 shares

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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