Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the “Company”) announces that it has closed the first tranche of the private placement announced on February 5, 2013. The Company has issued 4,290,000 units at $0.05 per unit for total proceeds of $214,500. Each unit consists of one common share and one transferable share purchase warrant with each share purchase warrant entitling the holder to purchase one common share for a period of eighteen months at $0.10 per share. The securities have a four month hold period until June 15, 2013. The Company has paid a finder’s fee by the issuance of 140,000 common shares at a deemed value of $7,000.
The proceeds from this private placement will be used for general working capital.
To find out more about Ross River Minerals (TSX-V: RRM) visit our website at www.rossriverminerals.com.
ROSS RIVER MINERALS INC.
Per:“Marcus N. Foster”
