Rogue Iron Ore Corporation announced that as a part of its plans to conserve capital, it has renegotiated the annual payments due on its Radio Hill iron ore property. The USD 50,000 payment due in January 2013 will be paid as to USD 25,000 in cash and 1,000,000 shares, subject to a six month hold period. The January 2014 payment for a further USD 50,000 may also be paid in a combination of cash and shares, at the vendors' option and valued at the then market price.

 

The Company will be providing an update on recent exploration results as well as various corporate initiatives in the very near future.