Rocher Deboule Minerals Corp. (TSX.V: RD; OTCQB: RDBHF) (the “Company”) is pleased to announce that, further to its news releases dated September 4, 2008 and October 1, 2008, the Company has closed its non-brokered private placement of 3,255,000 units at a price of $0.20 per Unit (the “Units”) for aggregate proceeds of $651,000.
Each Unit is comprised of one common share in the capital of the Company plus a two year share purchase warrant (the “Warrant”). Each Warrant entitles the holder to purchase one common share at a price of $0.30 per share at any time up to 5:00 pm (Vancouver time) on October 7, 2010.
Finder’s fees totaling $53,600, were paid in connection with the private placement
Proceeds from the private placement will be used toward metallurgical testing on the Artillery Peak Manganese property and general working capital.
About Rocher Deboule Minerals Corp.
Rocher Deboule Minerals Corp. is a diversified exploration and development company focusing its attention on mineral properties and commodities used in the steel manufacturing industry.
On behalf of Management
ROCHER DEBOULE MINERALS CORP.
Larry W. Reaugh
President and Chief Executive Officer
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.