/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE U.S.A./
CALGARY, June 2 /CNW/ - Softrock Minerals Ltd. (the "Corporation" -
TSXV:SFT) is pleased to announce that on May 29, 2008 it completed a
non-brokered private placement of two million units ("Units") at a price of
$0.05 per Unit for aggregate gross proceeds of $100,000. Each Unit was
comprised of one (1) common share (a "Common Share") of the Corporation and
one (1) Common Share purchase warrant (a "Warrant") entitling the holder to
purchase one (1) Common Share at an exercise price of $0.10 per share until
4:30 p.m. (Calgary time) (the "Expiry Time") on that date that is 2 years from
May 29, 2008, provided that if at any time prior to the Expiry Time the
weighted average trading price per Common Share for thirty (30) consecutive
trading days on the TSX Venture Exchange (the "Exchange") is $0.20 or greater,
the Warrants will expire five (5) business days from the date the Corporation
gives notice of same to the holder.
None of Units were sold to any of the present shareholders of the
Net proceeds from the offering will be used for general working capital
The Common Shares and Warrants comprising the Units are subject to a four
month hold period expiring September 30, 2008.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Softrock Minerals Ltd., No. 1010, 825 - 8
Avenue S.W., Calgary, Alberta, T2P 2T3, Phone: (403) 266-2605, email: