Mr. Pierre Gagne reports

ROCKEX MINING ANNOUNCES PROPOSED SHARES FOR SERVICES TRANSACTION

Rockex Mining Corp. has arranged a proposed issuance of an aggregate of 600,000 common shares of the corporation at a deemed price of five cents per common share as payment of past services provided by the former and current chief financial officers of the corporation pursuant to the services agreements entered into with each such officer.

All of the securities to be issued will be subject to a four-month hold period.

The corporation will be issuing an aggregate of 200,000 common shares to its current chief financial officer, representing 0.15 per cent of the corporation's issued and outstanding common shares on a fully diluted basis following closing of the shares-for-services transaction. Currently, no securities of the corporation are held by such insider prior to completion of this transaction.

The shares-for-services transaction is a related party transaction as such term is defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The corporation is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under MI 61-101 on the basis that participation in the shares-for-services transaction by such insider does not exceed 25 per cent of the fair market value of the corporation's market capitalization.

The services agreement entered into by the corporation with its current chief financial officer includes a provision that $1,000 of the monthly compensation can be paid to the chief financial officer in common shares of the corporation at the greater of five cents per share or the 20-day volume-weighted average price of such shares on the principal stock exchange on which the corporation's shares trade at the applicable time. The corporation intends to issue common shares periodically to its chief financial officer in accordance with those terms.

About Rockex Mining Corp.

Rockex is a Canadian exploration company focused on developing high-quality iron ore assets strategically located in areas largely underexplored and that host significant mineral potential. Its core asset is the Lake St. Joseph iron project, which includes the Eagle Island deposit, as well as additional potential deposits at Wolf Island and Fish Island. It also has other properties in Northwestern Ontario, which it refers to as the East Soules Bay property and the North Spirit Lake property.

We seek Safe Harbor.