VANCOUVER, BRITISH COLUMBIA, December 29, 2009 - Millrock Resources Inc. (MRO - TSX:V)("Millrock" or the "Company") has granted a total of 975,000 stock options under the Company's stock option plan to officers, directors, employees and consultants exercisable at $0.25 per share for a period of five years. The Company has agreed to a web marketing service agreement with Vantage Communication Ltd. ("Vantage"). The firm, based in Vancouver, British Columbia, will provide a market awareness campaign over the coming 24 months using its website, which attracts subscribers by offering free real-time stock quotes. Additionally the services will include dissemination of news by email, and other advertising. Vantage is owned equally by Mark Chadwick and Kyle Johnston. Vantage will be granted 150,000 options to purchase Millrock stock at 25 cents per share and these options are included in the total above. A further 150,000 options will be granted 12 months from the effective date of the service agreement at the prevailing market price.Vantage has informed Millrock that, aside from the stock options, Vantage does not hold any interest in securities of Millrock or have any right or intent to acquire such an interest.
ABOUT MILLROCK RESOURCES INC.
Millrock is a TSX Venture Exchange listed company intent upon the discovery of high value mineral deposits, with a focus on Alaska gold deposits and Arizona copper-gold porphyries. The Company follows a Project Generator - Joint Venture business model that capitalizes on Millrock's knowledge and ability in two outstanding mining jurisdictions. This model shares risk by partnering with other companies that invest capital to move exploration projects toward development and production. Millrock currently has five active exploration projects in Alaska, and three in Arizona.
ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT
Gregory A. Beischer, President & CEO
Phone: (604) 638-3164
Toll Free: (877) 217-8978
Millrock Resources Inc.
750 World Trade Centre - 999 Canada Place
Vancouver, BC V6C 3E1
Canada
"NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE."