Rockland Resources Financing Fully Subscribed

Executive Summary

• Rockland Resources Ltd. announced that its non‑brokered private placement of 3 million units at $0.06 per unit is now fully subscribed, generating gross proceeds of $180,000.
• Each unit consists of one common share and one transferable warrant allowing the purchase of an additional share at $0.10 for up to 36 months after closing.
• Net proceeds will be used to advance the Cole Gold Mines project in Red Lake, Ontario and for general working capital.

Key Details

• Offering size: 3 million units @ $0.06 per unit → gross proceeds of $180,000.
• Unit composition: 1 common share + 1 transferable warrant per unit.
• Warrant terms: Right to purchase one additional share at an exercise price of $0.10 per share; exercisable for a 36‑month period after the closing date.
• Closing conditions: Shares issued will be subject to a four‑month hold period under Canadian securities law.
• Use of proceeds: Primarily to fund development of the Cole Gold Mines project (Red Lake, Ontario) and for general working capital purposes.
• Finders’ fees: Payable in accordance with CSE policies.
• Announcement source: TheNewswire release dated November 13, 2025; signed on behalf of the Board by Michael England, CEO & Director.

Notable Quotes

(No direct quotes were provided in the release.)