Softrock Minerals Ltd.

CALGARY, July 20 /CNW/ - Softrock Minerals (TSX-V: SFT) ("Softrock")
announced today that, subject to regulatory approval, it will proceed with a
treasury offering of convertible debentures in the aggregate principal amount
of up to $100,000. The debentures will mature two years from the date of issue
and bear interest at a rate of 5% per annum, payable quarterly. At the holders
option, and at any time between the date of issue and two years thereafter,
the debentures will be convertible into units of Softrock at a conversion
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, which shall
entitle the holder thereof to purchase an additional common share at a price
of $0.13 at any time prior to two years from the closing date. Softrock may
also retire all or any part of the debt represented by the debentures prior to
the maturity date by providing 30 days notice and paying a 5% penalty on the
amount retired.
Net proceeds of the offering will be used to satisfy Softrock's financial
obligations in respect of its ongoing heavy oil development program with
Silver Strand Energy Corporation.

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                adequacy or accuracy of this release.
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