20:45:20 EDT Fri 31 Jul 2026
Enter Symbol
or Name
USA
CA



Rok Resources Inc
Symbol ROK
Shares Issued 218,830,480
Close 2026-07-31 C$ 0.295
Market Cap C$ 64,554,992
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Rok Resources closes $8-million Saskatchewan asset sale

2026-07-31 17:43 ET - News Release

Mr. Bryden Wright reports

ROK RESOURCES ANNOUNCES THE CLOSING OF ITS NON-CORE SOUTHEAST SASKATCHEWAN ASSET DISPOSITION

Further to Rok Resources Inc.'s press release on June 23, 2026, the company has successfully completed the previously announced disposition of certain non-core assets located in southeast Saskatchewan to an arm's-length purchaser for cash consideration of $8-million, subject to customary closing adjustments as provided for in the asset purchase and sale agreement dated June 22, 2026.

The completed disposition further advances Rok's strategy of optimizing its asset portfolio through the divestiture of non-core, primarily non-operated assets while further strengthening the company's financial position. The transaction materially reduces future asset retirement obligations and provides additional financial flexibility to finance high-return development opportunities within its operated core areas, pursue accretive acquisition opportunities and evaluate other capital allocation initiatives intended to enhance long-term shareholder value.

Rok expects to release its Q2 2026 financial results, together with an operational update, on Aug. 20, 2026.

Advisers

Peters & Co. Ltd. acted as exclusive financial adviser to Rok in connection with the disposition. McDougall Gauley LLP acted as legal counsel to the company.

About Rok Resources Inc.

Rok is a Canadian energy company engaged in the exploration, development, and production of petroleum and natural gas assets in Saskatchewan and Alberta. The company is headquartered in Regina, Sask., with an additional office in Calgary, Alta. Rok's common shares trade on the TSX Venture Exchange under the symbol ROK.

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