Rockland Minerals Corp. Completes Initial Public Offering

Vancouver, British Columbia, June 28, 2010: Rockland Minerals Corp. (TSX-V: RL) (the "Company") is pleased to announce that today it has successfully completed its initial public offering (the "IPO") of 6,670,000 units of the Company (the "Units") at a price of $0.15 per Unit for gross proceeds of $1,000,500 (the "IPO Proceeds"). Each Unit is comprised of one common share in the capital of the Company (each, a "Unit Share") and one non-transferable share purchase warrant (each, a "Unit Warrant"). Each Unit Warrant entitles the holder thereof to purchase an additional common share in the capital of the Company at a price of $0.25 for twenty four (24) months from today.

Canaccord Genuity Corp. acted as agent (the "Agent") for the IPO. The Company has paid the Agent a total cash commission equal to 10% of the IPO Proceeds and granted non-transferrable share purchase warrants entitling the Agent to purchase that number of Common Shares (as hereinafter defined) equal to 10% of the number of Units sold under the IPO (the "Agent's Warrant Shares") in the capital of the Company for twenty four (24) months from the date (the "Listing Date") the Company is listed on the TSX Venture Exchange (the "Exchange") at a price of $0.15 per Agent's Warrant Share. The Agent also received an administration fee and 100,000 common shares in the capital of the Company (each, a "Common Share") as corporate finance shares.

The Company has 600,000 stock options (the "Options") issued to directors and officers of the Company that are outstanding. Each Option entitles the holder thereof to acquire one (1) Common Share at a price of $0.15 per Common Share for a period of ten (10) years from the Listing Date.

The Company is engaged in the business of mineral exploration and holds a sole and exclusive right and option to acquire an undivided 100% right, title and interest in and to the Retty Lake project. The Retty Lake project consists of 199 mineral claims in the Southern sector of the Labrador Trough area in Northeastern Quebec. For more information on the Retty Lake project, please refer to the technical report for the Retty Lake project dated March 9, 2010, a copy of which is available on the Company's profile on www.sedar.com.

The Company intends to use the net proceeds of the IPO to explore and develop the Retty Lake project, as described in the Company's final prospectus dated March 29, 2010, a copy of which is available on the Company's profile on www.sedar.com.

The Company anticipates its Common Shares will begin trading on the Exchange by July 2, 2010 under the trading symbol "RL".

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's listing of its common shares on the Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements include (i) the Company intends to use the net proceeds of the IPO to explore and develop the Retty Lake project; and (ii) the Company anticipates its Common Shares will begin trading on the Exchange by July 2, 2010. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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