CALGARY, Aug. 12 /CNW/ - Softrock Minerals Ltd (SFT on TSX Venture Exchange) announces that they have completed the first tranche of a private flow-through financing announced May 17,2006. 400,000 units were sold at $0.25 per unit for gross proceeds of $100,000, each unit consisting of one flow-through common share and a twenty-four month one-half warrant to purchase another common share for $0.35. A finders fee of 10% was paid. The proceeds will be used to complete a recently cased well in the Marsden area of Saskatchewan as announced July 25, 2006 and follow-up seismic. At the August 03, 2006 annual meeting directors, E.Denis Gagnon, J.B Keith McLean, Arne R Nielsen, and the Honourable Nick Taylor were re-elected plus new director Thomas M. M. Bender. The meeting also approved an expanded stock option until June 10, 2008 at $0.20 of 100,000 shares to each director plus 50,000 shares to the president granted earlier by the board of directors and announced June 12, 2006. Auditors DCS chartered accountants were re-appointed. At a subsequent meeting of the Board of Directors the following appointments were made: Honourable Nick Taylor as President and CEO, E. Denis Gagnon as Secretary, T. M. M. Bender as CFO, Audit and Reserves Committee; Taylor, Bender, Gagnon, and Nielsen; Compensation and Corporate Governance Committee, Taylor, Gagnon, and McLean. On behalf of the Board of Directors The Honourable Nick Taylor, President and CEO The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release %SEDAR: 00005001E