Mr. Michael England reports

ROCKLAND RESOURCES CLOSES PRIVATE PLACEMENT TRANCHE

Rockland Resources Ltd., further to its news release dated Jan. 9, 2026, has closed a tranche of the non-brokered private placement. The company issued 10.88 million units at a price of 10 cents per unit for aggregate gross proceeds of $1,088,000. Each unit comprises one common share and one transferable common 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 15 cents per share.

Finders' fees of $5,800 cash were paid in connection with this private placement.

A senior officer of the company has subscribed for an aggregate of 300,000 units as part of the private placement.

The balance of the private placement is expected to close on Jan. 27, 2026.

Proceeds raised will be used to advance the company's Cole gold mines project in Red Lake, Ont., as well as for general working capital.

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

About Rockland Resources Ltd.

Rockland Resources is engaged in the business of mineral exploration and the acquisition of mineral property assets for the benefit of its shareholders.