Just a note on the March-31 closing date

It has already been extended a few times per below. I will fire off an inquiry to Chairman if there is no NR/update in the next few days.

Cheers

ai

June 03-08
Chairman and Rockport Mining Corp. ("Rockport") have amended the letter of intent (the "LOI") entered into on February 19, 2008 to extend the date of termination of the LOI from May 30, 2008 until June 30, 2008. Chairman and Rockport are working towards completion of documentation required in connection with the transaction and Rockport is working on completing in full its previously announced private placement.

June 30-08
Chairman and Rockport Mining Corp. ("Rockport") have further amended the letter of intent (the "LOI") entered into on February 19, 2008 to extend the date of termination of the LOI from June 30, 2008 until September 30, 2008. The amended LOI also confirmed that the private placement partially completed by Rockport to date, will be up to 18,000,000 common shares, 7,000,000 warrants, and compensation options or warrants pursuant to such private placements, prior to the closing of the qualifying transaction.

Sept 26-08
Pursuant to the Amalgamation Agreement it was contemplated that the qualifying transaction would be completed by September 30, 2008; however since the proposed qualifying transaction is currently being reviewed by the TSX Venture Exchange ("TSXV"), Chairman, 7022441 and Rockport have amended the Amalgamation Agreement to extend the date of completion of the qualifying transaction until October 31, 2008. Chairman and Rockport continue to work together towards the completion of the transaction.

Feb-27-09
Pursuant to the Amalgamation Agreement, as amended, it was contemplated that the qualifying transaction would be completed by October 31, 2008; however due to the extremely difficult capital markets environment the completion of the qualifying transaction was delayed. Chairman, 7022441 and Rockport have amended the Amalgamation Agreement to extend the date of completion of the qualifying transaction until March 31, 2009. Chairman and Rockport will now continue to work together towards the completion of the transaction.