01:18:42 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



Rockland Resources Ltd (2)
Symbol RKL
Shares Issued 27,229,558
Close 2025-06-17 C$ 0.08
Market Cap C$ 2,178,365
Recent Sedar Documents

Rockland Resources' $540,000 financing fully subscribed

2025-06-18 12:47 ET - News Release

Mr. Michael England reports

ROCKLAND RESOURCES FINANCING FULLY SUBSCRIBED

Rockland Resources Ltd.'s private placement arranged on June 17, 2025, is now fully subscribed. The private placement arranged is a non-brokered private placement of up to nine million units at a price of six cents per unit for aggregate gross proceeds of $540,000. Each unit will comprise one common share and one transferable share purchase warrant of the company. Each warrant will entitle the Subscriber to purchase one warrant share for a 36-month period after the closing date at an exercise price of 10 cents per share. Net proceeds of the financing will be used to advance the corporation's beryllium portfolio located in Utah, United States, and for general working capital purposes.

Shares issued pursuant to the financing will be subject to a four-month hold period, according to applicable securities laws of Canada.

Finders' fees will be payable on the private placement, subject to the policies of the Canadian Securities Exchange.

About Rockland Resources Ltd.

Rockland Resources is advancing critical-minerals exploration and is specializing in beryllium at its strategically located Meteor, Beryllium Butte and Claybank projects in the Spor Mountain region of Utah, United States. Spor Mountain is home to Materion's Spor Mountain mine, the largest beryllium producer in the world and continuously mined since 1969. The company also has the 100-per-cent-owned Cole gold mine project, located in the western portion of the prolific Red Lake gold district of Ontario.

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