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Published on 10/28/2004 in the Prospect News PIPE Daily.

New Issue: Rock Energy closes C$1 million private placement of stock

By Sheri Kasprzak

Atlanta, Oct. 28 - Rock Energy Inc. raised C$1 million in a private placement, the company said Thursday.

The company sold 266,666 shares to outside directors of Rock at C$3.75, a 6.25% discount to Rock's closing price of C$4 on Wednesday.

The Calgary, Alta.-based energy company also announced Thursday that Leanne Bate, a member of its board of directors, resigned. Added to the board were Matt Brister and Jim Wilson.

Issuer:Rock Energy Inc.
Issue:Stock
Amount:C$1 million
Shares:266,666
Price:C$3.75
Warrants:No
Pricing date:Oct. 27
Settlement date:Oct. 27
Stock price:C$4 at close Oct. 27

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