Rockwell Completes $60.3 Million Financing (US Distribution)

May 9, 2007, Vancouver, BC — Rockwell Ventures Inc. (TSXV: RVI; OTCBB: RVINF) announces that it has completed the C$60,323,720 financing announced on April 20, 2007. Of the total proceeds, $47.3 million was received today and the balance is in transit for receipt within a business day. The financing involved the sale of 116,007,154 million equity Units at $0.52 each with each Unit consisting of one common share and one share purchase warrant exercisable over two years at $0.70. Of the total proceeds, $50 million was brokered by a syndicate of Canadian securities dealers. All securities are subject to a four month hold period in Canada expiring September 10, 2007.

Rockwell will use the net proceeds to progress its acquisition and growth strategy by acquiring Trans Hex Group’s (“THG”) Middle Orange River operations and projects, expanding and optimising existing operations including Wouterspan, Holpan-Klipdam, and Makoenskloof, and for general working capital and corporate development purposes. It will also retire interim indebtedness amounting to $11 million incorporated in a letter of credit used to secure the THG acquisition.

THE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM REGISTRATION REQUIREMENTS.

For further details on Rockwell Ventures Inc., please visit the Company’s website at www.rockwellventures.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.

John Bristow
President and COO

No regulatory authority has approved or disapproved the information contained in this news release.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This release includes certain statements that may be deemed “forward-looking statements”. Other than statements of historical fact all statements in this release that address future production, reserve or resource potential, exploration drilling, exploitation activities and events or developments that each Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. There is no certainty of the financing completing. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, availability of capital and financing, geopolitical uncertainty and political and economic instability, and general economic, and market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Rockwell, Investors should review Rockwell’s annual Form 20-F filing with the United States Securities and Exchange Commission www.sec.com and the Company’s home jurisdiction filings that are available at www.sedar.com.