News Release - Wednesday, October 10, 2012
ROCA Announces Trading Suspension
Vancouver, British Columbia: Roca Mines Inc. (TSX-V: ROK) ("Roca" or "the Company") announces that it has received notice from the TSX Venture Exchange (the "Exchange") confirming that the Exchange will suspend trading in the Company's securities effective the opening Thursday, October 11, 2012 as a result of the Company failing to maintain Exchange requirements. Specifically the Company is required to have at least three directors and an audit committee consisting of three directors with the majority being independent directors.
Reinstatement to trading can occur only when the Company applies for reinstatement and the Exchange has concluded its reinstatement review to ensure the Company has satisfactorily complied with all Exchange requirements. If the Company does not complete its reinstatement and does not meet continued listing requirements by January 9, 2013, the Exchange may transfer the securities of the Company to the NEX board of the Exchange without further notice.
Roca's management continues to work with its financial advisors in evaluating a range of opportunities available to it in order to preserve value for our shareholders and all stakeholders, including our trade-related creditors. The Company will continue to provide further updates when appropriate.
ROCA MINES INC.
"David Skerlec""
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David J. Skerlec - Chief Financial Officer
For further information contact:
Tel: 604-684-2900
Fax: 604-684-2902
Email: info@rocamines.com
Web: www.rocamines.com
Neither the 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.
Copyright � 2012 ROCA MINES INC. (ROK) All rights reserved. For more information visit our website at http://www.rocamines.com/ or send email to info@rocamines.com ..