| ROSS RIVER MINERALS INC. : http://www.rossriverminerals.com/ : QwikReport |
| News Releases |
| February 09, 2010 New Director | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") is pleased to announce that Mr. John Drove has been appointed a Director of the Company. Mr. Drove is a tax lawyer with expertise in the areas of estate planning, corporate re-organizations and corporate finance. He received his law degree at the University of Stellenbosch, South Africa in 1972 and was called to the bar in Johannesburg, South Africa in 1975. He practiced as a corporate and commercial solicitor until 1983 and then as a barrister until 1989. He moved to Canada where he practiced as a tax consultant in Vancouver from 1990 to 1995. He was called to the bar in British Columbia in 1996 and since then has practic ed as a business and tax lawyer with several major law firms. He is fluent in both English and Spanish. To find out more about Ross River Minerals Inc. (TSX-V: RRM) visit our website at www.rossriverminerals.com. ROSS RIVER MINERALS INC. Per: "Marcus N. Foster" Marcus N. Foster, President Neither 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 release. | |
| February 04, 2010 Private Placement First Tranche Closed | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") announces that it has closed the first tranche of the private placement announced on December 23, 2009. The Company issued 5,578,000 units for gross proceeds of $278,900. Each unit consists of one share and one share purchase warrant with each share purchase warrant entitling the holder to purchase one common share for a period of six months from closing at $0.10 per share and $0.15 for the next eighteen months. The securities have a four month hold period until May 29, 2010. The balance of the announced private placement of $221,100 is expected to close by February 19, 2010. The proceeds from this private placement will be used for general working capital and expenditures on the Company's El Pulpo property located in Sinaloa State, Mexico. To find out more about Ross River Minerals (TSX-V: RRM) visit our website at www.rossriverminerals.com. ROSS RIVER MINERALS INC. Per: "Marcus N. Foster" Marcus N. Foster, President The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or the adequacy of this release. | |
| December 23, 2009 New Financing | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") is pleased to announce that it has arranged a non-brokered private placement by the sale of up to 10,000,000 units at a price of $0.05 per Unit for total maximum gross proceeds of $500,000. Each Unit will consist of one common share and a non-transferable share purchase warrant. Each warrant entitles the holder to acquire a common share for a period of six months from closing at a price of $0.10 per share and $0.15 per share in the following eighteen months. The Company will pay a finder's fee on closing of up to 10% on a portion of the gross proceeds, in cash or in units or any combination thereof. The net proceeds from this private placement will be used for general working capital. This financing is expected to close by January 31, 2010 and may close in tranches. This private placement is subject to acceptance by the TSX Venture Exchange. The Company has also agreed with the President of the Company to amend the terms of the loan agreement, as amended, by extending the loan conversion date to December 31, 2010 (see press releases dated February 12, 2007, December 6, 2007 and May 4, 2009). This amendment is subject to acceptance by the TSX Venture Exchange. ROSS RIVER MINERALS INC. Per: "Marcus N. Foster" Marcus N. Foster, President To find out more about Ross River Minerals (TSX-V: RRM) visit our website at www.rossriverminerals.com. Neither 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 release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered in the United States Securities Act of 1933, as amended (the "US Securities Act") or any state securities laws and may not be offered or sold within the United States or to US Persons unless registered under the US Securities Act and applicable securities laws or an exemption from such registration is available. | |
| November 02, 2009 Revocation Notice | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") announces that it has received a revocation notice from the BCSC pursuant to a cease trade order dated May 11, 2009 and a revocation notice from the ASC pursuant to a cease trade order dated August 11, 2009. The Company has filed these notices together with other documents required by the TSX Venture exchange for reinstatement of trading privileges. The Company has cancelled the previously announced private placement in the amount of $175,000 (see press release dated December 16, 2008). The Company intends to raise additional capital to continue the exploration of its El Pulpo concessions located in Sinaloa State, Mexico, repay loans and for general working capital. The Company may seek a strategic partner to advance this project. In addition, the Company, as per its stated intentions, has optioned its Tay-LP property located in the Yukon Territory to Canarc Resource Corp. (see press release dated August 26, 2009). Canarc has just concluded a 2000 metre drill program on this property. ROSS RIVER MINERALS INC. Per: "Marcus N. Foster" Marcus N. Foster, President To find out more about Ross River Minerals (TSX-V: RRM) visit our website at www.rossriverminerals.com. Neither 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 release. | |
| September 17, 2009 Correction | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") advises that its Annual Financial Statements and Annual MD&A for the year ended December 31, 2008 filed on September 15, 2009 contained an error under the heading "Subsequent Event" in the financial statements and under "Share Subscriptions" in the Annual MD & A. No announcement of a private placement was ever made. The Company filed amended Annual Financial Statements and MD & A on September 16, 2009. To find out more about Ross River Minerals Inc. (TSX-V: RRM) visit our website at www.rossriverminerals.com. ROSS RIVER MINERALS INC. Per: "Marcus N. Foster" Marcus N. Foster, President Neither 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 release. | |
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