News
Release
March 11 , 2004
Softrock Minerals closes equity financing
Calgary March 11, 2004 News Release
Softrock Minerals Ltd (the company) (SFT: TSX-V) announces that it
has completed a non-brokered private placement of two million units at
a price of five cents per unit for proceeds of $100,000.
Each unit consisted of one common share and one-half of a
non-tradeable common share purchase warrant exercisable at a price of ten
cents per share up to or before January 15, 2006.
The hold period on the common shares and warrants expires May16/04.
The balance of issued and outstanding shares of the Company
following this issuance is 12,364,950 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
SOFTROCK MINERALS LTD
Hon Nick Taylor, President and Director
FOR FURTHER
INFORMATION PLEASE CONTACT: Softrock
Minerals Ltd.
Nick Taylor
President
Ph:(403) 266-2605 or Fax:(403) 266-2730
Email: info@softrockminerals.com
The TSX Venture Exchange has not reviewed and does not accept the responsibility
for the adequacy or accuracy of this release.
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