| ROSS RIVER MINERALS INC. : http://www.rossriverminerals.com/ : QwikReport |
| News Releases |
| May 19, 2010 Private Placement Closed | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") announces that it has closed the private placement announced on May 11, 2010. The Company issued 5,840,000 units for gross proceeds of $292,000. 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 at $0.10 per share and $0.15 for the next eighteen months. The securities have a four month hold period until September 14, 2010. The Company issued 300,000 units and 300,000 broker's warrants to PI Financial Corp. and 145,000 units to Bolder Investment Partners Ltd. as finder's fees in connection with this transaction. The units and broker warrants have the same terms and conditions as the private placement. 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 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. | |
| May 11, 2010 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 6,000,000 units at a price of $0.05 per Unit for total maximum gross proceeds of $300,000. 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. In addition the Company will issue 300,000 broker warrants on the same terms and conditions as the warrants in the financing. The net proceeds from this private placement will be used for general working capital and exploration expenditures on its El Pulpo property. This financing is expected to close by May 18, 2010. This private placement is subject to acceptance by the TSX Venture Exchange. The second tranche of the previously announced private placement (see press releases dated December 23, 2009 and February 4, 2010) has been cancelled. 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. | |
| March 25, 2010 Investor Relations | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") is pleased to announce that it has signed an agreement with Evolving Capital Corp. to provide investor relation services for the Company. The contract is for an initial term of six months. The Company has granted 200,000 stock options to Evolving Capital to purchase a total of 200,000 common shares in the capital stock of the Company exercisable until March 24, 2015 at a price of $0.05 per share. Andrew Delic, Managing Director of Evolving Capital comments, "We have been aware of the Company for several years and believe its El Pulpo property in Mexico to be of substantial merit." In addition, the Company has granted stock options under its stock option plan to directors, employees and consultants to purchase a total of 1,000,000 common shares in the capital stock of the Company exercisable until March 24, 2015 at a price of $0.05 per share. The contract and stock options are subject to the approval of the TSX Venture Exchange. 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 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. | |
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