Rodinia Oil Announces $15 Million Private Placement Financing



    
    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES/
    

    CALGARY, Sept. 2 /CNW/ - Rodinia Oil Corp. ("Rodinia") today announced
that its board of directors has approved a private placement offering for
$5 million to $15 million on a minimum/maximum basis. The financing is
expected to close on or about September 12, 2008. This offering consists of
class A common shares of Rodinia at $0.85 per share.
    The financing will be brokered by Tristone Capital Inc., a leading
investment banking firm based in Calgary, Alberta, on a best efforts basis.
    Funds raised will be used to fund Rodinia's ongoing capital expenditure
program.

    The securities offered have not been registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold in the
United States absent registration or any applicable exemption from the
registration requirements. This press release does not constitute an offer to
sell or the solicitation of an offer to buy nor will there be any sale of the
securities in any state in which such offer, solicitation or sale would be
unlawful.

    About Rodinia

    Rodinia is a junior oil and natural gas corporation focused solely on
high impact onshore exploration in Australia. Rodinia has exclusive access to
over 23 million gross acres of under-explored lands within the Officer and
Georgina Basins in Australia, which may have significant hydrocarbon potential
based upon Rodinia's recently acquired seismic data, known geologic history
and the existence of analogous basins in Oman and in Siberia, Russia. Rodinia
is based in Calgary, Alberta.





For further information:

For further information: Investors contact: Matthew Philipchuk,
Executive Vice President, Rodinia Oil Corp., 1810, 715 - 5th Avenue SW,
Calgary, AB, T2P 2X6, T: (403) 718-3876, Cell: (403) 619-6790,
www.rodiniaoil.com, mphilipchuk@rodiniaoil.com; Media Contact: Rebecca Eras,
Brookline Public Relations, Inc. for Rodinia Oil Corp., T: (403) 538-5641 ext.
108, Cell: (403) 466-4523, reras@brooklinepr.com

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Rodinia Oil Corp.

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