Rogue Resources Inc.

Rogue Resources Inc.

February 25, 2011 09:01 ET

Rogue Resources-Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2011) - Rogue Resources Inc. (TSX VENTURE:RRS) (the "Company") is pleased to provide an update on recent exploration and corporate activities.


The Company has completed metallurgical and exploration drilling on its Langmuir project. Six HQ holes have been logged and are now being prepared by SRK for metallurgical testing. The Company is now logging the 7NQ size exploration holes. These holes were drilled to test the downdip extension to the east of the W4 deposit as well as for stratigraphy and mineralization between the W4 deposit and the W3 target zone.

The Company announces it has extended the payment terms on its Radio Hill property such that the final $100,000 payment is not payable until February 28, 2011. In exchange for this extension and subject to regulatory approval, the Company will issue 100,000 shares to the optionors.

The Company has reviewed its financial and exploration commitment to its Nevada Uke & Aphro properties, and has decided not to continue with these option agreements.

Private Placement:

The Company has also closed the private placement announced November 9, 2010 for a total of 2,022,945 units at $0.40 per non-flow through unit and $0.45 per flow through unit, for total proceeds of $879,678. Each of the units consisted of one flow through or non-flow through common share and one non-flow through non-transferable share purchase warrant entitling the holder to purchase one additional common share for $0.75 per share in the first year and $1.00 per share in the second year. Any shares issued pursuant to the private placement are subject to a four month hold period (1,870,445-April 18, 2011 and 152,500-May 26, 2011). In connection with the transaction, a cash commission totaling $46,800 was paid to Strand Securities Corp., $10,240 to Redplug Capital and $4,920 to MacQuarrie Private Wealth Inc. The proceeds of the private placement will be used for exploration expenditures on the Company's Ontario mineral properties as well as for general working capital.

New Corporate Address:

#202 - 200 Granville Square, Vancouver, B.C. V6C 1S4
Telephone: 604-629-1808
Fax: 604-229-0481

About Rogue Resources:

Rogue Resources is an advanced stage exploration company, with offices in Vancouver, British Columbia and Timmins, Ontario. The Company has two advanced stage projects in Timmins; its Radio Hill iron-ore project and its Langmuir nickel deposit. The Company also has several drill-ready in the Bathurst camp of New Brunswick and the Timmins and Kirkland Lake gold camps in northern and western Ontario.


Steve de Jong, President

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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