VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/15/13 — Rockridge Capital Corp. (TSX VENTURE: RRC) („Rockridge“ or the „Company“) is pleased to announce that the Company has closed the non-brokered private placement, issuing 25,200,000 Units of the company at a price of $0.05 per Unit for gross proceeds of $1.26 million.
Rockridge President, Karl Kottmeier, commented, „We are pleased to have oversubscribed our initially proposed financing. Current market conditions are difficult and I thank the subscribers to this financing for their ongoing support of Rockridge and the Fatou gold project. We believe that Fatou has the potential to be a world class gold deposit and we are committed to its successful development. Senior members of management and I recently visited Mali where we toured the entire Fatou license and specifically the current new area of drilling at Fininko. Drilling is proceeding very well under the guidance of our new Vice President, Exploration, Peter Camden Smith. We also had productive meetings in Bamako with the Malian Minister of Mines as well as the head of the DNGM (National Directorate of Geology and Mines). We were greatly encouraged by the „business as usual“ conditions in Bamako and throughout southern and western Mali.“
ON BEHALF OF THE BOARD OF DIRECTORS OF ROCKRIDGE CAPITAL CORP.
Karl Kottmeier, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Rockridge Capital Corp. Karl Kottmeier President (604) 678 8941
Rockridge Capital Corp. Kirk Gamley VP Corporate Development (604) 678 8941 (604) 689 7442 (FAX)
Only registered users can comment.
