Rolling Rock Resources Corporation TSX VENTURE : RLL

March 30, 2006 08:00 ET

Rolling Rock Resources Corporation: Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 30, 2006) -

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Rolling Rock Resources Corporation (the "Company") (TSX VENTURE:RLL) announces a non-brokered private placement (the "Private Placement") with aggregate gross proceeds of up to $6,808,000 from the sale of:

(a) up to 2,500,000 flow-through common shares at a price of $0.74 per share; and

(b) up to 6,700,000 units (each a "Unit") at a price of $0.74 per Unit. Each Unit will consist of one common share and one-half of one common share purchase warrant ("Warrant"). Each whole Warrant will entitle the holder thereof to purchase an additional common share for a price of $1.00 per share for a period of two years from the date of closing of the Private Placement.

There is no minimum amount of the Private Placement. The Issuer may pay finder's fee allowable under the TSX Venture Exchange policies. The Private Placement is subject to compliance with applicable securities laws and to receipt of regulatory approval.


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