Rocher Deboule Minerals Corp. (TSX.V: RD; OTCQB: RDBHF) (the “Company”) is pleased to announce that, further to its news releases dated September 4, 2008 and October 1, 2008, the Company has closed its non-brokered private placement of 3,255,000 units at a price of $0.20 per Unit (the “Units”) for aggregate proceeds of $651,000.
Each Unit is comprised of one common share in the capital of the Company plus a two year share purchase warrant (the “Warrant”). Each Warrant entitles the holder to purchase one common share at a price of $0.30 per share at any time up to 5:00 pm (Vancouver time) on October 7, 2010.
Finder’s fees totaling $53,600, were paid in connection with the private placement
Proceeds from the private placement will be used toward metallurgical testing on the Artillery Peak Manganese property and general working capital.
About Rocher Deboule Minerals Corp.
Rocher Deboule Minerals Corp. is a diversified exploration and development company focusing its attention on mineral properties and commodities used in the steel manufacturing industry.
On behalf of Management
ROCHER DEBOULE MINERALS CORP.
Larry W. Reaugh
President and Chief Executive Officer