Press Release

Rubincon Ventures Inc. Secures Private Placement

BELLINGHAM, WA--(MARKET WIRE)--Mar 7, 2006 -- Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News) is pleased to announce it has entered into Subscription Agreementsfor sales of securities, with two investors, relating to the issuance and sale in a private placement. Pursuant to the Subscription Agreements, the Company agreed to issue 5,000,000 shares of common stock at a price of $1.00 per share. The Company received gross proceeds of $5,000,000 into trust, with the release of such proceeds subject to certain conditions. The conditions were met as of February 15, 2006 ("Closing"), and the Company will receive $5,000,000 in gross proceeds.

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