Softrock Minerals completes convertible debenture offering

CALGARY, Sept. 30 /CNW/ - Softrock Minerals Ltd. (TSX-V: SFT) announces
that it has completed its previously announced non-brokered private placement
of convertible debentures for aggregate gross proceeds in the amount of
$77,000. The debentures will mature on September 30, 2007, bear interest at a
rate of 5% per annum, payable quarterly, and are convertible at the holder's
option into units of Softrock at a price of $0.09 per unit.
Each unit will consist of one common share of Softrock and one-half of
one common share purchase warrant entitling the holder thereof to purchase an
additional share at a price of $0.13 at anytime prior to September 30, 2007.
Softrock may retire all or any part of the debt represented by the
debentures prior to maturity by providing 30 days notice and paying a 5%
penalty on the amount retired.
The debentures and any securities issued upon conversion thereof are
subject to a "hold" period that expires 4 months and a day from the date of
closing of the offering.
Proceeds of the offering will be used to satisfy Softrock's financial
obligations in respect of its ongoing heavy oil development program in Western
Saskatchewan.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release

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