Rocmec closes financing and issues shares as quarterly interest payment on

Vaudreuil-Dorion (Quebec), August 9th, 2012– Rocmec Mining inc. (the "Corporation" or "Rocmec") (TSX-V Symbol: RMI), announces that it has issued 223,981 common shares of the Company at a deemed price of $0.14 per share as quarterly interest payment on outstanding debentures. Such interest is payable quarterly as approved by the TSX Venture Exchange on May 10th, 2012 and publicly announced by way of a press release. The above-mentioned common shares are subject to a four month and one-day hold period from the date of issuance.

The company also announces that failure to obtain the necessary approvals from regulatory authorities having jurisdiction over the securities of the company, therefore it can not compensate purchasers of flowthrough shares as described in the press release issued May 18, 2012. Management is reviewing the various conditions of compensation required by regulatory authorities and a response will be sent to the concerned suscribers as soon as possible.

In addition, the company announces the closing of a private placement of 166,667 units at a price of $0.12 per unit, each unit consisting of one common share and one warrant of the company. Each warrant entitles the holder to purchase one additional common share of the company at a price of $0.18 per common share for a period of 18 months from the date of issuance of the said units, up 9 February 2013.

Rocmec is active in the exploration and the development of gold resources in Quebec and Peru. The Corporation holds a gold property with resources recognised in accordance with NI43-101, a modular treatment plant and also an exclusive license for the thermal fragmentation mining method for exploiting narrow-vein ore deposits.

The company's growth strategy is based on:
• The development of its gold deposits with the objective of producing revenue from its operations;
• Increasing the value of its mining assets by prioritizing the exploration targets; and
• The commercialisation and employment of its thermal fragmentation technology.

For additional information:
John Stella, Investor relations (514) 718-7976 This email address is being protected from spambots. You need JavaScript enabled to view it.
André Savard, President & CEO (450) 510-4442 This email address is being protected from spambots. You need JavaScript enabled to view it.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration and production activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
Corporation Minière ROCMEC Mining Inc. 162 Saint-Charles Avenue, Vaudreuil-Dorion (Quebec) J7V 2L1
Tel: (450) 510-4442 Fax: (450) 510-9901 www.rocmec.com

You are here: Home Investors Press Releases Rocmec closes financing and issues shares as quarterly interest payment on