April 29, 2004
Softrock Minerals receives final permission from TSX Venture Exchange for Private Non-Brokered Placement
Softrock Minerals Ltd announces that it has received final approval from the TSX Venture Exchange for its private non-brokered placement of 472,000 flow-through shares at $0.10 each and 147,000 common shares at $0.08 each with each share (flow-through and common) having attached a non-tradable warrant to:
The shares were sold in units of $1,000.00, each unit consisting of 8,000 flow-through shares at $0.10 each and 2,500 common shares at $0.08 each. Neither category to be traded before August 09, 2004.
The balance of issued and outstanding common shares of the Corporation following this issuance will be 12,984,450 common shares.
The proceeds from the placement will be used for working capital to advance natural resource property acquisition and exploration efforts in Western Canada.
On behalf of the Board of Directors
For further information please contact:
The TSX Venture Exchange has not reviewed and does not accept the responsibility
for the adequacy or accuracy of this release.