Highrock Resources increases financing to $100,000

Executive Summary

• Highrock Resources Ltd. has upsized its non-brokered private placement to up to 2,000,000 units at $0.05 per unit, raising gross proceeds of up to $100,000.
• Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.075 per share for two years.
• Proceeds are designated for working capital and general corporate purposes, subject to regulatory approvals including the Canadian Securities Exchange.

Key Details

• Transaction Type: Non-brokered private placement.
• Upsize Details: Increased to up to 2,000,000 units.
• Price: $0.05 per unit.
• Gross Proceeds: Up to $100,000.
• Unit Composition: Each unit comprises one common share and one whole common share purchase warrant.
• Warrant Terms:
  • Exercise Price: $0.075 per common share.
  • Expiration: Two years from the date of issuance.
• Use of Proceeds: Working capital and general corporate purposes.
• Conditions Precedent: Closing is subject to receipt of all necessary corporate and regulatory approvals, including approval from the Canadian Securities Exchange.
• Hold Period: Four months plus one day from the date of issuance.
• Reference: This release follows a previous news release dated Feb. 24, 2026.