Softrock Minerals Ltd. Announces Amendment and Correction to Terms of Private

CALGARY, Jan. 4 /CNW/ - Softrock Minerals Ltd ("Softrock" or the "Company")(TSXV:SFT) announces that the composition of the 2,380,000 units (Units) of the company it issued on December 21, 2009 at a price of $0.05 per Unit has been amended to include one common share (a "Common Share") and one whole warrant (a "Warrant") to purchase a Common Share. Softrock had previously announced that each Unit was comprised of one Common Share and one-half of one Warrant. Each Warrant is exercisable for a period of two years from the date of issuance a price of $0.10 per share, subject to the Company's right to accelerate the expiration date if the Common Shares trade at a weighted average price exceeding $0.20 per share for 30 consecutive days.

The "Company" paid 236,500 broker warrants and not 18,000 as stated in its Dec.21, 2009 news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

%SEDAR: 00005001E

SOURCE Softrock Minerals Ltd.

Organization Profile

Softrock Minerals Ltd.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890