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Rocmec Closes Previously Announced Private Placement

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  Published in House and Home on Thursday, December 17th 2009 at 13:50 GMT by Market Wire
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VAUDREUIL-DORION, QUEBEC--(Marketwire - Dec. 17, 2009) - Rocmec Mining inc. (the "Company") (TSX VENTURE:RMI)(FRANKFURT:D5O), announces the closing of the private placement that was publicly announced on November 23rd 2009.

Rocmec announces the closing of a private placement of 9,581,426 flow-through shares at a price of $0.105 per flow-through share and 983,333 flow-through units of the Company, at a purchase price of $0,12 per FT Unit. Each FT Unit being comprised of one flow-through common share of the Company and one-half of one non-flow-through common share purchase warrant, each whole common share purchase warrant of the Company is exercisable into one common share of the Company at a price of $0.15 per common share for a period of 24 months from the date of the issue of the FT Units. The total subscription amount is $1,124,050. The private placement is subject to TSX Venture Exchange acceptance for filing. All securities issued are subject to a four-month hold period from the closing date expiring on April 10th, 2010.

About Rocmec Mining Inc.

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 high-grade narrow vein precious metal properties. The Company's shares are listed on the TSX-Venture (RMI) and the FSE (D5O) exchange.

Rocmec's growth strategy is to focus on the development of quality assets that will significantly enhance shareholder value. Exploitation of high-grade narrow vein precious metal properties 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.