Rotation Minerals Ltd. Closes Private Placement

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611 – 8th Street, P.O. Box 211 Stewart, British Columbia V0T 1W0 Telephone: (250) 636-9283 - Facsimile: (250) 636-2446

NEWS RELEASE Rotation Minerals Ltd. Closes Private Placement

Vancouver, British Columbia, October 23, 2012 – Rotation Minerals Ltd. (the “Company”) (TSXV-ROT) is pleased to announce it has received TSX Venture Exchange approval for and closed its previously announced non-brokered private placement of 233,334 flow-through units, at a price of $1.50 per flow-through unit, to raise proceeds of $350,001. Each unit consists of one flow-through common share and one warrant to purchase an additional common share, at $2.50 per share, until October 23, 2014. No finder’s fee or commission were paid in connection with the private placement.

All of the shares, warrants and any shares issued upon exercise of the warrants comprising the flow-through units are subject to a hold period until February 24, 2013, except as permitted by applicable Canadian securities laws and the TSX Venture Exchange.

Edward Kruchkowski, Randolph Kasum and Lance Robinson, directors and/or officers of the Company, participated in the private placement by subscribing for an aggregate of 170,001 units for aggregate proceeds of $255,001.50. The participation by such directors is considered a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”).

The proceeds for the private placement are for further exploration on the Company’s Four J property located in British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS

"Randolph Kasum"

Randolph Kasum, Director

NEITHER THE 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.

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