VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 23, 2014) - Millrock Resources Inc. (TSX VENTURE:MRO) reports the non-brokered private placement announced on September 22, 2014 has closed and a total of 80,900,000 Units at a price of $0.05 per Unit have been issued for gross proceeds of $4,045,000. Each Unit consists of one common share of Millrock and one share purchase warrant (the "Warrants"), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.07 per share until October 21, 2016, and thereafter at a price of $0.10 per share until October 21, 2019. |