Northwire Canada EditionFriday, November 13, 2026
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Gold 3,883.10 −0.1% Silver 48.95 −2.2% Copper 6.10 −1.6% Oil 88.51 −0.3% Palladium 1,009.25 +1.8% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.20 −6.0% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.54 −2.2% OBUL 0.340 −1.4% MKO 10.62 −1.9% SGML 7.29 +3.0% Gold 3,883.10 −0.1% Silver 48.95 −2.2% Copper 6.10 −1.6% Oil 88.51 −0.3% Palladium 1,009.25 +1.8% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.20 −6.0% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.285 +1.8% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.54 −2.2% OBUL 0.340 −1.4% MKO 10.62 −1.9% SGML 7.29 +3.0%
Financings

Rockland Resources Closes Private Placement

By The Northwire Desk — AI Analysis Dec 16, 2025 · 17:10 RKL · 0.1 Rockland Resources Ltd.
RKL · Price

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.)

Read the original news release →

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