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BLACK ROCK MINING LIMITED Capital/Financing Update 2008

Apr 27, 2008

64531_rns_2008-04-27_162e7a61-10db-4b18-a5e6-c0c6c7454614.pdf

Capital/Financing Update

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Green Rock Energy Limited ABN 59 094 551 336

ASX Announcement

Unit 6, 38 Colin Street West Perth WA 6005 Australia PO Box 1177 West Perth WA 6872 Australia Tel (+61 8) 9482 0482 Fax (+61 8) 9482 0499 Email [email protected]

28 April 2008

Conversion of options and private placement raises $2 million

Green Rock Energy Limited (ASX : “GRK”) today announced the Company’s options, which matured on 18 April 2008, raised $574,809. The Company has also raised an additional $1.5 million through the private placement to Acorn Capital of 15 million shares at 10 cents per share, plus 7.5 million options with a 14 cents per share exercise price and on expiry date of 28 April 2010.

About Green Rock Energy

Green Rock Energy is an Australian company focused on developing commercially sound renewable geothermal energy projects. The Company has projects in Australia and Europe and is a member of the Australian Geothermal Energy Association and sponsor member of the International Energy Agency’s Geothermal Implementing Agreement.

Nigel Hodder Company Secretary

For more information:

Investors & Media

Adrian Larking Managing Director W: (+61 8) 9482 0401 M: (+61) 417 927 767 E: [email protected]

GREEN ROCK ENERGY LIMITED ABN 59 094 551 336

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