September 16, 2005 15:49 ET

RosCan Retains Cobblestone Communications Inc.

TORONTO, ONTARIO--(CCNMatthews - Sept. 16, 2005) - ROSCAN MINERALS CORPORATION (TSX-V SYMBOL: V-ROS) is pleased to announce that Cobblestone Communications Inc. ("Cobblestone") has been retained to provide investor relations consulting services for RosCan. Cobblestone is a company controlled by Mr. William Chymyck, director and Non-Executive Chairman of RosCan.

Cobblestone will liaise with the investment community and assist RosCan in attracting new investors, preparing and distributing news releases, investor materials and communications and establishing media relations.

The term of the investor relations consulting agreement is for 60 months, beginning February 1, 2005. During the term of this agreement, Cobblestone shall receive a monthly fee of $5,650 and be reimbursed for out of pocket expenses. In addition, Cobblestone received an initial payment of $25,000.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production.

Shares Outstanding: 18,049,573

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

Contact Information

  • RosCan Minerals Corporation
    Mr. Chymyck
    (416) 293-8437