Resource Capital Fund V L.P. Acquires Units of Apoquindo Minerals Inc.

DENVER, March 25 /CNW/ - Resource Capital Fund V L.P. ("RCF V") announces that it has acquired 12,118,000 units ("Units") of Apoquindo Minerals Inc. ("Apoquindo") pursuant to a private placement (the "Private Placement"). Each Unit consists of one common share and one half of one common share purchase warrant (each whole warrant, a "Warrant"). The Units were acquired at a purchase price of CDN$0.85 per Unit representing an aggregate purchase price of CDN$10,300,300.

Following the Private Placement, the common shares owned by RCF V represent 12.43% of the issued and outstanding common shares of Apoquindo. Assuming the exercise of the Warrants RCF V would own 18,177,000 common shares, or 17.56% of the issued and outstanding common shares of Apoquindo.

The Units of Apoquindo were acquired by RCF V for investment purposes. Depending upon market conditions and other factors that RCF V may deem material to its investment decisions, additional shares may be purchased in the open market or in private transactions. Depending on these same factors, securities currently owned (or hereafter acquired) by RCF V may be sold in the open market or in private transactions.

SOURCE Resource Capital Fund V L.P.

For further information: For further information: concerning the foregoing or a copy of the Early Warning Report referred to in this release, please contact: RCF Management L.L.C., Tel: (720) 946-1444


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