January 4, 2010
SOFTROCK MINERALS LTD. ANNOUNCES AMENDMENT AND CORRECTION TO TERMS OF PRIVATE PLACEMENT
Calgary. Jan.04,2010 /CNW/- Softrock Minerals Ltd (“Softrock” or the “Company”)(TSXV:SFT) announces that the composition of the 2,380,000 units (Units) of the company it issued on December 21, 2009 at a price of $0.05 per Unit has been amended to include one common share (a “Common Share”) and one whole warrant (a “Warrant”) to purchase a Common Share. Softrock had previously announced that each Unit was comprised of one Common Share and one-half of one Warrant. Each Warrant is exercisable for a period of two years from the date of issuance a price of $0.10 per share, subject to the Company’s right to accelerate the expiration date if the Common Shares trade at a weighted average price exceeding $0.20 per share for 30 consecutive days.
The “Company” paid 236,500 broker warrants and not 18,000 as stated in its Dec.21, 2009 news release.
On behalf of the Board of Directors
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responsibility for the adequacy or accuracy of this release.