Mr. Mark Patchett reeports

ROLAND CLOSES $1,250,000 FINANCING

Roland Mineral Enterprises Corp. has closed its previously announced private placement financing, issuing 6.25 million units at 20 cents per unit for gross proceeds $1.25-million. Each unit comprises one common share and one three-year transferable warrant, each such warrant entitling the holder to purchase one additional share at a price of 26 cents per share. The company issued $155,000 of units on a flow-through basis. The flow-through shares comprising the 775,000 flow-through units and 775,000 flow-through shares issuable upon exercise of the warrants comprising the flow-through units will entitle holders to receive tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada).

Participation by one insider of Roland, for 250,000 units or $50,000, comprising 4 per cent of the total amount raised, constitutes a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Roland is relying on the exemptions contained in sections 5.5(a) and section 5.7(1)(a) as the fair market value of the participation in the private placement by the insider does not exceed 25 per cent of the market capitalization of Roland, as determined in accordance with MI 61-101. Roland's board of directors and specifically the independent members of the board, as applicable, reviewed and approved the private placement subscription by the insider. Roland did not file a material change report in respect of the related party transaction at least 21 days before closing of the private placement as the date of closing was not previously known.

Proceeds of the financing will be used for payment of debt, working capital, business development, and exploration and development of its mineral properties. A cash finder's fee of $20,700, representing 6 per cent of the gross proceeds from a portion of the financing, was paid to Costa Brava Imports Ltd. and a cash finder's fee of $36,900, also representing 6 per cent of the gross proceeds from a portion of the financing, was paid to TAC Capital Corp. in accordance with the policies of the TSX Venture Exchange. The terms of the financing have been accepted for filing by the TSX Venture Exchange. The units and any shares issued on the exercise the warrants comprising the units are restricted from trading until July 6, 2026.

About Roland Mineral Enterprises Corp.

Roland Mineral is a Canadian exploration company trading on the TSX Venture Exchange under symbol RME, focused on the acquisition, exploration and development of high-quality gold, platinum and palladium, lithium, copper, and nickel assets in Canada and the Americas. Roland seeks to create value through disciplined exploration, technical excellence, and strategic partnerships and relationships.

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