News Release

ROJO RESOURCES INCREASES OFFERING OF UNITS

Posted on March 20, 2015 | Categories : News Release

March 20, 2015. Vancouver, BC ‐ Rojo Resources Ltd. (“Rojo” or the “Company”) (TSX‐V: RJ) Further to the Company’s news release issued on February 20, 2015 announcing a private placement of up to 7,000,000 units, the Company has decided to increase the number of units offered to up to 10,000,000 units at a price of $0.05 per unit for gross proceeds of up to $500,000. Each unit consists of one common share and one half warrant. Each whole warrant will be exercisable to acquire one common share (a “warrant share”) at an exercise price of ten ($0.10) cents per warrant share at any time for a period of two years from the date of closing provided however, that in the event that at any time the closing price of the outstanding common shares on the exchange is greater than or equal to 25 cents ($0.25) for a period of 20 consecutive trading days, the Company may, at its option, accelerate the expiry date of the warrants by giving notice to the holders thereof, and, in such case, the warrants will expire on the date which is the earlier of: (i) the 30th day after the date on which such notice is given by the issuer and (ii) the original expiry date.

There has been no material change in the affairs of the Company.

The Company will pay a finders’ fee totalling 8% cash or shares plus an 8% Broker’s Warrant. Each Broker’s Warrant is exercisable into one common share at $0.10 for two years from closing. All securities issued to purchasers and finders pursuant to the private placement will be subject to a four‐month and-a-day hold period from the date of issuance of the securities, pursuant to applicable securities legislation and the policies of the exchange. The proceeds of the financing will be used for ongoing working capital purposes, accounts payable and to meet a payment obligation on the Company’s Athabasca Basin property in northern Saskatchewan.

About Rojo Resources Ltd.:

Rojo Resources Ltd. (formerly Lucky Strike Resources Ltd.) is an exploration company with an option to earn a 25% interest in approximately 700,000 acres of prospective land between seven properties in the Athabasca Basin of northern Saskatchewan.

On behalf of the Board of directors of Rojo Resources Ltd.,

Ron Rieder
President and CEO

Telephone: 604‐727‐4653
Email: info@luckystrikeresources.com
For further information visit our website: www.rojoresources.com

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.