Rocher Deboule Minerals Corp. (TSX.V: RD; OTCQB: RDBHF) (the “Company”) is pleased to announce that further to its news release dated March 12, 2009, the Company has closed the first portion of its non-brokered private placement for gross proceeds of $162,500 comprising of 1,625,000 units (the “Unit”) at a price of $0.10 per Unit.
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 $0.15 per share at any time up to 5:00 pm (Vancouver time) on April 23, 2011. All of the securities issued pursuant to this private placement will have a hold period expiring four months and one day after the closing date.
The proceeds of this Private Placement will be used toward general working capital.
The Company has paid Finder’s fees totaling $4,300, in connection with the Private Placement.
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 and their British Columbia (IOCG) gold project.
On behalf of Management
ROCHER DEBOULE MINERALS CORP.
Larry W. Reaugh
President and Chief Executive Officer