09:26:53 EDT Tue 16 Sep 2025
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River Road Resources to list on TSX-V Sept. 16

2025-09-16 00:56 ET - New Listing

River Road Resources Ltd.'s initial public offering long form prospectus dated Aug. 20, 2025, has been filed with and accepted by the TSX Venture Exchange, and filed with and receipted on Aug. 21, 2025, by the securities commissions in British Columbia and Ontario, pursuant to the provisions of the applicable securities acts, and has been filed under Multilateral Instrument 11-102, Passport System, in Alberta. The common shares of the company will be listed and admitted to trading on the TSX Venture Exchange, on the effective date stated below.

The company is classified as an all other metal ore mining company (NAICS No. 212299).

Offering:  3,333,333 common shares

Offering price:  15 cents per share

Agent:  Research Capital Corp.

Agent's warrants:  The agent will be granted share purchase warrants equal to 8 per cent (reduced to 3 per cent of the number of shares sold to the president's list) of the number of shares sold under the offering. Each agent's warrant will entitle the agent to acquire one common share of the company at 15 cents per common share for a period of 24 months.

Listing date:  At the close of business (5:01 p.m. EST) on Tuesday, Sept. 16, 2025, the common shares will be listed and immediately halted on the TSX Venture Exchange.

Commence date:  The common shares will commence trading on the TSX Venture Exchange on Wednesday, Sept. 17, 2025, upon confirmation of closing.

The closing of the offering is scheduled to occur on Wednesday, Sept. 17, 2025. It is expected that the gross proceeds of the closing will be $500,000 for a total of 3,333,333 common shares at 15 cents per share. A further notice will be issued upon receipt of closing confirmation and the trading halt will be lifted.

Corporate jurisdiction:  British Columbia

Capitalization:  unlimited common shares with no par value, of which 11,483,334 common shares will be issued and outstanding after the closing of the offering

Escrowed shares:  600,000

Transfer agent:  Odyssey Trust Company

Trading symbol:  RRRL

Cusip No.:  768363 10 3

For further information, please refer to the company's long form prospectus dated Aug. 20, 2025.

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