Roscan Minerals Corporation (the "Company") (NEX BOARD:ROS) wishes to announce
that it intends to complete a non-brokered private placement of up to 5,000,000
Units at a price of $0.03 per Unit for aggregate subscription proceeds of up to
CDN$150,000. Each Unit will be comprised of one common share and one common
share purchase warrant. Each warrant will entitle the holder to acquire one
common share at a price of $0.05 for a period of 12 months from the date of
issuance. The financing is subject to regulatory approval including approval
from the TSX Venture Exchange.


Certain of the non-arm's length subscribers will participate in the private
placement on the same terms of other participants and the shareholdings of these
individuals will increase as a result of their participation. Proceeds from the
financing will be used to satisfy existing accounts payable and for general
working capital purposes. 


This news release may contain assumptions, estimates, and other forward-looking
statements regarding future events. Such forward-looking statements involve
inherent risks and uncertainties and are subject to factors, many of which are
beyond the Company's control that may cause actual results or performance to
differ materially from those currently anticipated in such statements. Such
forward-looking statements include comments regarding the private placement and
use of funds. 


SHARES OUTSTANDING: 28,299,575