Rockland Resources Closes Private Placement

Executive Summary

• Rockland Resources Ltd. closed an oversubscribed non‑brokered private placement, issuing 7,577,500 units at $0.08 per unit for total gross proceeds of $606,200.
• Each unit consists of one common share and one transferable warrant exercisable at $0.12 per share for a 48‑month period; shares are subject to a four‑month hold period.
• The company engaged Phenom Ventures to provide marketing and investor awareness services from Dec 17 2025 to Jun 17 2026 for a cash fee of USD 250,000 (no securities issued).

Key Details

• Units Issued: 7,577,500 units at $0.08 per unit.
• Gross Proceeds: $606,200 CAD.
• Unit Composition: 1 common share + 1 transferable common share purchase warrant.
• Warrant Terms: Right to purchase one share at $0.12 per share; exercisable for 48 months after closing date.
• Hold Period: Shares issued are subject to a four‑month hold period under Canadian securities law.
• Use of Proceeds: General working capital.
• Finder’s Fees: None paid in connection with the placement.
• Marketing Engagement: Phenom Ventures hired to develop and distribute investor awareness content (Dec 17 2025 – Jun 17 2026).
• Compensation for Marketing Services: USD 250,000 cash; no securities issued.

Notable Quotes

(No quotes were provided in the release.)