June 2, 2008
SOFTROCK COMPLETES NON-BROKERED PRIVATE PLACEMENT OF 2,000,000 UNITS
Softrock Minerals Ltd. (the "Corporation" -TSXV:SFT) is pleased to announce that on May 29, 2008 it completed anon-brokered private placement of two million units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of $100,000. Each Unit was comprised of one (1) common share (a "Common Share") of the Corporation and one (1) Common Share purchase warrant (a "Warrant") entitling the holder to purchase one (1) Common Share at an exercise price of $0.10 per share until 4:30 p.m. (Calgary time) (the "Expiry Time") on that date that is 2 years from May 29, 2008, provided that if at any time prior to the Expiry Time the weighted average trading price per Common Share for thirty (30) consecutive trading days on the TSX Venture Exchange (the "Exchange") is $0.20 or greater, the Warrants will expire five (5) business days from the date the Corporation gives notice of same to the holder. None of Units were sold to any of the present shareholders of the Corporation. Net proceeds from the offering will be used for general working capital purposes.
The Common Shares and Warrants comprising the Units are subject to a four month hold period expiring September 30, 2008.
On behalf of the Board of Directors
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