VANCOUVER, BRITISH COLUMBIA, January 12, 2009 - Millrock Resources Inc. (TSX-V: MRO) (“Millrock” or the “Company”), reports the issuance of 105,000 common shares under the terms of mineral property purchase agreements dated January 14, 2008 whereby the Company has acquired 100% property interests in each of the Dry Mountain, San Jose and Galiuro claims, located in Arizona. The share payment constitutes 20,000 common shares owing for each of the three properties following regulatory acceptance and an additional 15,000 common shares for each of the three properties representing the first anniversary payment. The securities are subject to a hold period and may not be traded until May 13, 2009. The properties are described in the Company´s news releases dated April 3, 2008 and May 20, 2008. The Company reports that the transactions have proceeded as property purchases from Michael Schaefer rather than under the previously disclosed finder´s fee arrangement. The terms remain the same as originally announced.
ABOUT MILLROCK RESOURCES INC.
Millrock Resources Inc. is a TSX Venture Exchange listed company intent upon the discovery of high value mineral deposits, with a focus on Alaska and Arizona. Millrock currently has four 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
Patrick De Witt, Manager, Investor Relations
(604) 638-3164
Toll Free: (877) 217-8978
Millrock Resources Inc.
750 World Trade Centre - 999 Canada Place
Vancouver, BC V6C 3E1
Canada
FORWARD LOOKING STATEMENTS
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.
"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."