RCT Rochester Resources Ltd

Rochester Resources Ltd. (TSX VENTURE:RCT)(OTCBB:RCTFF)(FRANKFURT:R5I) Dr.
Alfredo Parra, President and CEO, is pleased to announce the results of the
Company's Annual General Meeting of shareholders held on Wednesday, November 19,
2008. Messrs. Alfredo Parra, Nick DeMare, Marc Cernovitch, Lindsay Bottomer,
Joseph Keane and Eduardo Luna were re-elected as directors for the ensuing year.


All items put forth at the meeting were approved by the shareholders, including
an ordinary resolution to ratify the existing stock option plan.


At a directors meeting held subsequent to the shareholders meeting the directors
appointed Mr. Alfredo Parra as President and Chief Executive Officer, Mr. Nick
DeMare as Chairman, Mr. Jose Manuel Silva as Chief Financial Officer and Mr.
Harvey Lim as Corporate Secretary.


The company is also pleased to announce that Joint Venture Agreements have been
signed with E-Energy Ventures Inc. and Cooper Minerals Ltd. to each acquire an
undivided 10% equity interest in Mina Real Mexico S.A. de C.V. and thereby
acquire indirect interests in the Mina Real and Santa Fe Properties.


Pursuant to the Joint Venture Agreement, E-Energy Ventures Inc. and Cooper
Minerals Ltd. will each have an Option to earn a 10% interest by each making
payments of $1,475,000 and subscribing for 3,500,000 common shares of Rochester
at a deemed price of $0.15 per share equaling $525,000 each.


Upon the exercise of the Option all Net Profit received by the Optionors from
the Properties shall be divided on a 90% / 10% basis, between Optionor and
Optionee, respectively. Furthermore the Optionee will be subject to a "Gross
Overriding Advance Royalty" of $25,000 per month paid free and clear of any and
all cost or expense incurred in connection with the operation of the Mina Real
Property payable by the Optionor to Optionee.


Upon exercise of the Option by Optionee, the Optionee shall be deemed to have
granted to the Optionor a Back-In Option, to re-acquire in whole and not in part
the Equity Interest in Mina Real Mexico S.A. de C.V. The Back-In Option shall
have a term of 3 years wherein:


- during year 1 the Back-In Option shall not be exercisable;

- during year 2 the Back-In Option shall be exercisable by a cash payment of
$2,075,000; and


- during year 3 the Back-In Option shall be exercisable by a cash payment of
$2,000,000.


A finders fee is payable on this placement and Joint Venture Agreement in cash,
shares or warrants, or any combination of the foregoing.


The completion of the financings is subject to receipt of all applicable
regulatory approvals and consents, including the approval of the TSX-V.


The proceeds of the financing will be used for the exploration and development
of the Company's mineral properties and for general corporate purposes.


The Company may also elect to raise up to an additional $150,000 by way of
private placement at $0.15.


"We are pleased to consummate this agreement during this challenging market
environment. We believe this is reflective of the quality of the Rochester
assets. The additional capital will allow us to further develop and produce from
our Mina Real Project in a cost-effective and timely manner. We believe we will
now have the capital necessary to reach our near term goals of producing
positive cash-flow by accelerating our development and exploration programs
while simultaneously executing on our long term mine plan by development and
mining from multiple areas project-wide," stated Dr. Parra, President and CEO.


About Rochester Resources Ltd.:

Rochester represents a pure-play in the exploration, development and production
of high-grade gold and silver properties located in Nayarit, Mexico. The Company
is a niche player in Mexico which has assembled an attractive portfolio of
properties in the Sierra Madre Occidental Range. This is the largest epithermal
precious metal region in the world, hosting the majority of Mexico's large
tonnage gold and silver deposits.


Rochester is well positioned to advance its Projects and can very quickly become
a significant player in Mexico. Rochester has a strong senior management team
based in Mexico, a workforce in place to advance its projects through to mine
development.


ON BEHALF OF THE BOARD

Dr. Alfredo Parra, President and CEO

Forward Looking Statements

This Company Press Release contains certain "forward-looking" statements and
information relating to the Company that are based on the beliefs of the
Company's management as well as assumptions made by and information currently
available to the Company's management. Such statements reflect the current
risks, uncertainties and assumptions related to certain factors including,
without limitations, competitive factors, general economic conditions, customer
relations, relationships with vendors and strategic partners, the interest rate
environment, governmental regulation and supervision, seasonality, technological
change, changes in industry practices, and one-time events. In addition, the
Company has not conducted an independent feasibility study on the Mina Real
project which may increase the risk that the planned operations are not
economically viable. Should any one or more of these risks or uncertainties
materialize, or should any underlying assumptions prove incorrect, actual
results may vary materially from those described herein.

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