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Rocmec Mining Inc.: Rocmec Announces Revenues Totalling 1 Million for Fiscal 2009

^{Published on 2009-10-20 07:38:49 - Market Wire}
 

VAUDREUIL-DORION, QUEBEC--(Marketwire - Oct. 20, 2009) - Rocmec Mining Inc. (the "Company") (TSX VENTURE:RMI)(FRANKFURT:D5O) is pleased to announce that following completion of the financial results for fiscal 2009, Rocmec should present revenues derived from service contracts totalling close to 1 million dollars. For the 4th quarter of fiscal 2009, ended September 30th, 2009, and for the first time in its history, Rocmec should declare revenues totalling close to $700,000 and gross profits from the contracts exceeding $275,000, including significant non-recurring start-up costs.

The results will be presented in the audited financial statements of the Company which should be published in January 2010.

"We are very pleased with the results obtained from our service contracts. We now have very good clients that employ our technology, which in turn, enables us to generate interesting revenues from our work" stated Mr. Donald Brisebois, President and CEO of Rocmec Mining Inc.

About Rocmec

Rocmec Mining Inc. is a Canadian junior exploration company actively involved in the acquisition, exploration and development of precious metal projects. The Company's exclusive thermal fragmentation process combined with its growth strategy place it as the partner of choice for the development of narrow high-grade precious metal quartz vein properties. The Company is listed on the TSX Venture Exchange and trades under the symbol: RMI

Rocmec's growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. Exploitation of narrow high-grade precious metal quartz veins with its exclusive thermal fragmentation process coupled with conventional mining methods will lead the Company in becoming a mid-size gold producer. The acquisition, development and future exploitation activities the company's Rocmec I property are an excellent example of this strategy.

Thermal fragmentation...mining ounces not TONNES!

The Thermal Fragmentation Mining Method video can be viewed on Rocmec's website or by clicking the following link: [ http://www.rocmecmines.com/video_an.asp ]

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

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