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 June 10, 2011
Rockridge Announces Highland Park Group as Strategic Investor and $4.5 Million Private Placement

 VANCOUVER, BRITISH COLUMBIA - Rockridge Capital Corp. (TSX VENTURE:RRC) ("Rockridge" or the "Company") has arranged a non-brokered private placement of 7,062,000 Units of the company at a price of $0.64 per Unit for gross proceeds of approximately $4.5 million. Each Unit will consist of one common share and one common share purchase warrant. Each such warrant will entitle the holder to purchase one common share of the company for a period of 18 months from the closing date at a price of $0.80 per common share.

The private placement will be taken-up by a single investor, the Highland Park Group (or nominee), ("Highland Park"). The private placement is designed to provide Highland Park with an immediate 9.9% ownership of Rockridge on a fully diluted basis. The Company has granted to Highland Park a non-dilutive right where they may participate in any future equity financings conducted by Rockridge so that they may maintain their ownership percentage. At closing, Highland Park will be entitled to nominate one director for election to Rockridge's board of directors and shall have the right to nominate a second director in the event they fully exercise the warrants comprised in the Units.

Karl Kottmeier, Rockridge's CEO, commented, "This is a substantial advancement for Rockridge. The Highland Park Group is world-renowned for their successes in identifying and advancing high quality mineral development projects through to production. We look forward to the working with this experienced and highly regarded investment group. Rockridge management believes that the interest and investment by Highland Park is a testament to the potential of the Fatou gold project and will greatly assist us in raising the profile of Rockridge in the investment community."

About Highland Park Group. The Highland Park investors were instrumental in the funding, growth and development of LionOre into a major, international nickel company. After the sale of LionOre in 2007 the Group have successfully invested in and supported the strategic development of Mantra Resources Limited (Uranium, Tanzania), Mirabela Nickel Limited (Nickel, Brazil) and Coalspur Mines Limited (Thermal Coal, Alberta, Canada). A spokesman for Highland Park stated that "We traditionally invest in projects where resource definition is more advanced and this represents our first venture into the higher risk arena of an early exploration play. However, at this stage of the financial cycle, we feel this to be our most appropriate point of entry into the gold mining industry."

The private placement is scheduled to close on or about June 27, 2011 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.

Karl Kottmeier, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information
Rockridge Capital Corp.
Karl Kottmeier
(604) 678 8941

Rockridge Capital Corp.
Kirk Gamley
VP Corporate Development
(604) 678 8941
(604) 689 7442 (FAX)

You can view the Next News Releases item: Wed Jun 29, 2011, Rockridge Corporate Update

You can view the Previous News Releases item: Tue May 31, 2011, Rockridge Appoints Bryan Hyde as Technical Director

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