Rocmec Receives its New Generation Thermal Fragmentation Unitadmin
Rocmec Mining inc. announce that it has received its new generation thermal fragmentation unit from Pro-Ab Equipments (2003) Inc., an official Kubota distributor, located in Val d’Or, Quebec. This first new generation thermal fragmentation unit was designed and built according to Rocmec’s own specifications. Preparations are underway to have it shipped to Nevada as it will be employed at Great Basin Gold Limited’s Hollister mine also located in Nevada.
Subject to the approval of the TSX Venture stock exchange, Rocmec announces that it has closed a second tranche of a private placement. In total, 111 units were issued at a price of $1,200 per unit for total proceeds of $133,200. Each unit consists of 9,000 flow-through common shares and 1,000 common shares of the Company. A cash commission of $13,320 was paid. All the securities issued in virtue of this placement are subject to certain resale restrictions imposed under the applicable securities laws, which require that the securities not be traded for a period of four months.
Rocmec Mining’s growth strategy is focused on developing quality assets that will significantly enhance shareholder value by using the thermal fragmentation method throughout the Americas to extract narrow vein ore bodies. By utilising the thermal fragmentation method in combination with conventional mining methods, the company aims to become a mid-tier gold producer. In addition, by providing service agreements, the company intends to generate additional revenue and accelerate the spread of this unique technology.
“Thermal fragmentation – an innovative process for mining narrow high-grade ore bodies”
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
About Rocmec Mining: 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 positions it as the partner of choice for the development of narrow high-grade precious metal quartz vein projects. The Company’s shares are listed on the TSX-Venture (RMI) and the FSE (D5O) exchange.