Red Rock Closes Private Placement

Red Rock Energy Inc. (TSX VENTURE:RRK) ("Red Rock") announced today that, after
receipt of the requisite regulatory approval, it has closed a private placement
raising $1,004,492.80 by the issuance of 10,044,928 common share units (the
"Units"). Each of the Units was sold for $0.10 per Unit and comprised of one
common treasury share and one warrant to purchase one-half of one common share.
Each whole warrant has a term of 24 months and an exercise price of $0.18 per
share. Certain members of the Board of Directors participated in this private
placement. 


Proceeds of the private placement will be used to fund a planned summer
exploration program at Red Rock's uranium exploration property near Uranium
City, Saskatchewan and to add to working capital.


READER ADVISORY

Statements in this press release may contain forward-looking information
including expectations of future production, operating costs, commodity prices,
administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income taxes,
regulatory changes, and other components of cash flow and earnings. The reader
is cautioned that assumptions used in the preparation of such information may
prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the company. These risks include, but are not limited to, the risks associated
with the mining industry, commodity prices and exchange rate changes. Industry
related risks could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans, risks
associated to the uncertainty of reserve estimates, health and safety risks and
the uncertainty of estimates and projections of production, costs and expenses.
The reader is cautioned not to place undue reliance on this forward-looking
information.


The reader is further cautioned that the preparation of financial statements in
accordance with generally accepted accounting principles requires management to
make certain judgements and estimates that affect the reported amounts of
assets, liabilities, revenues and expenses. Estimating reserves is also critical
to several accounting estimates and requires judgments and decisions based upon
available geological, geophysical, engineering and economic data. These
estimates may change, having either a negative or positive effect on net
earnings as further information becomes available, and as the economic
environment changes.

Red Rock Energy Inc. (TSXV:RRK)
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