New Issue: Roca Mines greenshoe ups placement of units to C$14.96 million

By Laura Lutz

Des Moines, Aug. 20 - Roca Mines Inc. announced the full exercise of a C$1,950,930 greenshoe, raising the total size of the company's private placement of units to C$14,957,130.

In total, the company sold 4,703,500 units of one share and one half-share warrant at C$3.18 per unit. Each whole warrant will be exercisable at C$4.00 for two years.

The placement originally settled on Aug. 7 as a C$13,006,200 offering of 4.09 million units.

Desjardins Securities Inc. was the underwriter.

Roca is a mining and exploration company based in Vancouver, B.C.

Issuer:	Roca Mines Inc.
Issue:	Units of one share and one half-share warrant
Amount:	C$14,957,130
Units:	4,703,500, including greenshoe for 613,500 units
Price:	C$3.18
Warrants:	One half-share warrant per unit
Warrant expiration:	Two years
Warrant strike price:	C$4.00
Underwriter:	Desjardins Securities Inc.
Pricing date:	July 11
Settlement date:	Aug. 7 (for C$13,006,200); Aug. 20 (for C$1,950,930)
Stock symbol:	TSX Venture: ROK
Stock price:	C$3.35 at close July 11
Stock price:	C$2.87 at close Aug. 7
Stock price:	C$2.40 at close Aug. 20

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