Rocky Mountain Dealerships Inc. (TSX: RME) completes the acquisition of Camrose Farm Equipment Ltd.

About this update from Roland Mineral Enterprises Corp.

[{"type":"text","content":"\n\n\n\n\n\nCALGARY, July 3, 2012 /CNW/ - Rocky Mountain Dealerships Inc. (\"Rocky\"),\n announced today that it has completed the previously announced\n agreement to purchase 100% of the issued and outstanding shares of\n Camrose Farm Equipment Ltd (\"CFE\") for $5.7 million cash\n consideration.  CFE is a dealer of both Case IH and New Holland\n Agriculture equipment operating in Camrose and Killam, Alberta.  As\n previously announced, for its most recent fiscal year, CFE had\n agriculture-related revenues of approximately $54 million.\n\n\nMatt Campbell, CEO of Rocky, remarked \"Several consecutive quarters of\n cash generation have enabled Rocky to complete certain key initiatives\n to generate value for our shareholders, including increasing our\n quarterly dividend and repurchasing our convertible debentures.  We\n view the acquisition of CFE as yet another positive initiative, as this\n acquisition was funded entirely with available cash and accordingly we\n believe it will begin immediately delivering accretive earnings.\"\n\n\nMr. Campbell continued \"The acquisition of CFE is significant as it\n expands our access into the central Alberta agriculture market which\n continues to offer a strong outlook with a growing economy, solid\n commodity prices and exceptional growing conditions.\"\n\n\nCaution Regarding Forward Looking Statements\n\n\nThis press release contains forward looking statements (\"FLS\") within\n the meaning of applicable securities legislation.  Examples of FLS in\n this press release include, but are not limited to, the statement that\n Rocky believes this acquisition will immediately deliver accretive\n earnings, and the statement regarding economic outlooks, commodity\n prices, and growing conditions for the central Alberta region. \n Although the FLS contained in this press release are based on what\n management of Rocky believes are reasonable assumptions, Rocky cannot\n assure investors that actual performance or results will be consistent\n with these FLS.  Rocky's actual results could differ materially from\n those anticipated in the FLS in this press release as a result of the\n risk factors set forth in Rocky's Annual Information Form dated March\n 19, 2012, available on SEDAR at www.sedar.com.  These FLS are made as of the date of this document and, except ...

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