Rockridge Completes $4.5 Million Private Placement

   Rockridge Capital Corp. (TSX VENTURE: RRC) (the "Company") is pleased to announce that effective July 13, 2011, it has closed a non-brokered private placement for the sale of 7,062,000 units (the "Units") at a price of $0.64 per Unit for gross proceeds of $4,519,680. Each Unit is comprised of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company for a period of 18 months from the closing date at a price of $0.80 per common share. The net proceeds of the financing will be used to finance exploration and development work at the Company's Fatou gold project in southern Mali, Africa and for general working capital.

The private placement was taken up by a single investor, the Highland Park Group ("Highland Park"). Since the securities issued will constitute more than 10% of the Company's issued share capital, the private placement is subject to additional approvals from the TSX Venture Exchange (the "Exchange'). Highland Park and the Company have agreed to escrow 756,738 Units, and $484,312 of the proceeds of the private placement pending the receipt of the additional Exchange approvals, as required by the Exchange.

In conjunction with the private placement closing, the Company has granted to Highland Park a non-dilutive right where it may participate in any future equity financings conducted by the Company so that it may maintain its ownership percentage. Highland Park is also entitled to nominate one director for election to the Company's board of directors and shall have the right to nominate a second director in the event it fully exercises the warrants comprising the Units. Effective July 13, 2011, Highland Park's nominee, Mr. Peter Breese, was appointed a director of the Company.

About Highland Park

The Highland Park investors were instrumental in the funding, growth and development of LionOre into a major international nickel company. After the sale of LionOre in 2007, the group has successfully invested in and supported the strategic development of Mantra Resources Limited (Uranium, Tanzania), Mirabela Nickel Limited (Nickel, Brazil) and Coalspur Mines Limited (Thermal Coal, Alberta, Canada).

Shares acquired by the placee, and shares which may be acquired upon the exercise of any of the warrants, are subject to a hold period of four months plus one day from the date of closing of the offering in accordance with applicable securities legislation. The financing is subject to the final approval of the Exchange.

Please visit our website at www.rockridgecapitalcorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF ROCKRIDGE CAPITAL CORP.

Karl Kottmeier, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Rockridge Capital Corp. Karl Kottmeier President [phone] Rockridge Capital Corp. Kirk Gamley VP Corporate Development [phone] [phone] (FAX) www.rockridgecapitalcorp.com