RRD.P

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Red Rock Capital Corp. (the "Company" or "Red Rock") (TSX VENTURE:RRD.P), a
capital pool company, is pleased to announce that in connection with its
proposed qualifying transaction (the "Qualifying Transaction") announced on
November 18, 2010, Century Iron Ore Holdings Inc. ("Century Holdings") has
entered into an off-take agreement (the "Off-take Agreement") with Prosperity
Materials Macao Commercial Offshore Limited (the "Purchaser"), a subsidiary of
Prosperity Minerals Holdings Limited ("Prosperity"). Prosperity is listed on the
London AIM Exchange and is itself controlled by Prosperity International
Holdings (H.K.) Limited, a company listed on the Hong Kong Stock Exchange
("HKSE"). Prosperity and Century Holdings share common significant shareholders.
As such, the Off-take Agreement constitutes a connected party transaction under
the listing rules of the London AIM Exchange and HKSE, and is subject to the
compliance with such rules.


The Off-take Agreement is with respect to the Duncan Lake, Attikamagen and Sunny
Lake projects (the "Projects"). Subject to certain conditions, the Off-take
Agreement provides for the potential supply of one million metric tonnes of iron
ore to the Purchaser over a three year period commencing 2011. However, there
can be no assurance that commercial production of iron ore from the Projects
will be achieved. Under the Off-take Agreement, the consignment of iron ore will
be purchased at the prevailing market price in the region, and the Purchaser has
agreed to make a prepayment of US$10 million ("Prepayment") to secure such
potential supply of iron ore. The potential annual off-take to be allocated to
the Purchaser will be capped at 50% of the remaining annual iron ore produced
after Century Holdings has satisfied its supply obligations to WISCO
International Resources Development & Investment Limited ("WISCO") and MinMetals
Exploration & Development Co., Ltd. ("Minmetals"), as further described in the
Company's news release dated February 25, 2011. Century Holdings can drawdown
the Prepayment at any time on or after 14 March 2011. Century Holdings may be
required to return the Prepayment if the Purchaser terminates the Off-take
Agreement or assigns to a third party all or part of its rights thereunder, at
any time on giving written notice to Century Holdings, and Century Holdings
shall repay to the Purchaser any Prepayment that remains outstanding within 14
days of receipt of such written notice.


The Prepayment may be applied to the purchase price under the Off-take
Agreement, but if no iron ore is delivered, Century Holdings must return the
Prepayment to the Purchaser.


About Red Rock Capital Corp.

Red Rock Capital Corp., a Capital Pool Company within the meaning of the
policies of the TSX Venture Exchange, was incorporated in British Columbia on
July 10, 2007 and was listed on the TSX Venture Exchange on November 26, 2009.
The Company does not have any operations and has no assets other than cash. The
Company's business is to identify and evaluate businesses and assets with a view
to completing a Qualifying Transaction.


About Prosperity

Prosperity Minerals Holdings Limited is listed on the London AIM Exchange
(AIM:PMHL.L).


Except for statements of historical fact, all statements in this press release,
including, but not limited to, statements regarding future plans, objectives and
payments are forward-looking statements that involve various risks and
uncertainties.


Completion of the transaction is subject to a number of conditions, including
but not limited to, Exchange acceptance and if applicable pursuant to Exchange
Requirements, majority of the minority approval. Where applicable, the
transaction cannot close until the required shareholder approval is obtained.
There can be no assurance that the transaction will be completed as proposed or
at all.


Investors are cautioned that, except as disclosed in the filing statement to be
prepared in connection with the transaction, any information released or
received with respect to the transaction may not be accurate or complete and
should not be relied upon. Trading in the securities of a capital pool company
should be considered highly speculative.


The TSX Venture Exchange has in no way passed on the merits of the proposed
transaction and has neither approved or disapproved the contents of this press
release.


Disclaimer for Forward-Looking Information

This press release contains forward-looking statements and information that are
based on the beliefs of management and reflect the Company's current
expectations. When used in this press release, the words "estimate", "project",
"belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should"
and the negative of these words or such variations thereon or comparable
terminology are intended to identify forward-looking statements and information.
The forward-looking statements and information in this press release includes
information relating to the business plan of Century Holdings and the Qualifying
Transaction. Such statements and information reflect the current view of the
Company with respect to risks and uncertainties that may cause actual results to
differ materially from those contemplated in those forward-looking statements
and information.


By their nature, forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results, performance
or achievements, or other future events, to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the following
risks:




--  there is no assurance that commercial production of iron ore
    contemplated under the Off-take Agreement will be achieved, or that
    Century Holdings will receive any economic benefit of the Prepayment by
    the Purchaser to secure such potential supply of iron ore;
--  there is no assurance that WISCO and MinMetals will obtain all
    government approvals required under PRC law that are required to enable
    them to proceed with their investments in Red Rock;
--  there is no assurance that all financings referred to the Company's
    February 25, 2011 news release will complete or that the subscription
    receipts issued by Century Holdings to date will convert;
--  there is no assurance that the approval of the TSX Venture Exchange to
    the completion of the Qualifying Transaction will be obtained. Further,
    approval of the TSX Venture Exchange may be conditional upon amendments
    to the transactions disclosed in the Company's February 25, 2011 news
    release;
--  there is no assurance that the definitive agreements contemplated in the
    WISCO and MinMetals framework agreements will be concluded; and
--  there is no assurance that Red Rock will subsequently be listed on the
    TSX in the event that the Qualifying Transaction completes.



Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date that statements are made and the Company undertakes no
obligation to update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change. Investors are cautioned against
attributing undue certainty to forward-looking statements.


There are a number of important factors that could cause the Company's actual
results to differ materially from those indicated or implied by forward-looking
statements and information. Such factors include, among others, the availability
of funds, the timing and content of work programs, results of operation
activities and development of mineral properties, the interpretation of drilling
results and other geological data, the uncertainties of resource and reserve
estimates, receipt and security of mineral property titles, receipt of licenses
to conduct mining activities, project cost overruns or unanticipated costs and
expenses, fluctuations in metal prices and general market and industry
conditions.


The Company cautions that the foregoing list of material factors is not
exhaustive. When relying on the Company's forward-looking statements and
information to make decisions, investors and others should carefully consider
the foregoing factors and other uncertainties and potential events. The Company
has assumed a certain progression, which may not be realized. It has also
assumed that the material factors referred to in the previous paragraph will not
cause such forward-looking statements and information to differ materially from
actual results or events. However, the list of these factors is not exhaustive
and is subject to change and there can be no assurance that such assumptions
will reflect the actual outcome of such items or factors.


THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE
EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND,
ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE
UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT
UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED
IN ACCORDANCE WITH APPLICABLE LAWS.

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