Roscan Minerals Corporation Closes Private Placement

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY U.S. NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES OF AMERICA.


Roscan Minerals Corporation (the "Company") (NEX:ROS.H) announces that it closed
its previously announced non-brokered private placement (the "Offering") of
3,666,500 units at a price of $0.03 per unit for aggregate subscription proceeds
of CDN$109,995. Each unit consists of one common share and one common share
purchase warrant. Each warrant entitles the holder to acquire one additional
common share at a price of $0.05 for a period of 12 months from the date of
issuance. The Offering is being made pursuant to the Bulletin of the TSX Venture
Exchange ("TSXV") dated December 12, 2012 which provides for temporary relief
from certain pricing requirements. The securities issued pursuant to the
Offering are subject to a four-month hold period. 


Proceeds from the Offering will be used primarily to maintain the existing
operations of the Company. Approximately $25,184 is allocated for accounts
payable, $22,700 for accrued liabilities and $31,771 for operating expenses. In
addition, $10,000 is payable to Don Whalen, a Director of the Company, in
repayment of a loan and $20,340 is payable to Rustle Woods Capital Inc., a
company controlled by an associate of Mark McMurdie, Chief Financial Officer of
the Company, for financial services rendered to the Company. The private
placement was approved by the Company's board of directors. 


An insider of the Company acquired 133,000 units in the Offering representing
3.6% of the total Offering. 


This news release may contain assumptions, estimates, and other forward-looking
statements regarding future events. Such forward-looking statements involve
inherent risks and uncertainties and are subject to factors, many of which are
beyond the Company's control that may cause actual results or performance to
differ materially from those currently anticipated in such statements. Such
forward-looking statements include comments regarding the private placement and
use of funds. 


Shares Outstanding: 31,966,075 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Roscan Minerals Corporation
Don Whalen
Director
[phone]
[phone] (FAX)


Roscan Minerals Corporation
Mark McMurdie
CFO
[phone]
[phone] (FAX)
[e-mail]