Rosita Mining closes $134,400 first tranche of private placement




News Release

THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES, FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

Rosita Mining Corporation Announces First Closings of Private Placement

Vancouver, BC, August 30, 2017 – Rosita Mining Corporation (the “Company”) (TSXV: RST), announces that it has issued 4,480,000 shares at $0.03 for gross proceeds of $134,400 pursuant to its previously announced (July 21, 2017) non-brokered private placement (the “Private Placement”).

The Company paid qualified finders commissions of $10,752 in cash and 304,000 finder’s warrants. The proceeds of the Private Placement will be used for general corporate purposes including funding its current operations and supporting ongoing investigations of potential business opportunities as detailed the Company’s News release of July 21, 2017.

The Company applied for and received a waiver from the TSX Venture Exchange in respect to its minimum pricing policy. None of the proceeds of the closings to date will be used to pay related parties.

1,700,000 and 2,780,000 securities issued under the Private Placement are subject to trading restrictions until December 1, 2017 and December 31, 2017 respectively.

For further information, please contact:
CFO: Randy Clifford
Telephone: 780 466-6006

This release is not an offer of securities of the Company for sale in the United States. The Common Shares and Warrants of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and the Common Shares and Warrants may not be offered or sold in the United States except pursuant to an applicable exemption from such registration. No public offering of securities is being made in the United States.

The TSXV has in no way passed on the merits of this news release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.