Rockland closes $606,200 private placement

Executive Summary

• Rockland Resources Ltd. closed an oversubscribed, non-brokered private placement, issuing 7,577,500 units for gross proceeds of $606,200.
• The company engaged Phenom Ventures to provide marketing and investor awareness services for a fee of $250,000 (U.S.), running from December 17, 2025, to June 17, 2026.

Key Details

• Private Placement Structure:
  • Units Issued: 7,577,500 units.
  • Price Per Unit: $0.08 CAD.
  • Gross Proceeds: $606,200.
  • Brokerage: Non-brokered; no finders' fees paid.
  • Hold Period: Shares are subject to a four-month hold period under Canadian securities laws.
• Warrant Terms:
  • Each unit includes one common share and one transferable common share purchase warrant.
  • Exercise Price: $0.12 per share.
  • Duration: 48 months from the closing date.
• Use of Proceeds: General working capital.
• Marketing Engagement:
  • Service Provider: Phenom Ventures.
  • Scope: Marketing and investor awareness services, including content development and distribution across financial media platforms and newsletters.
  • Term: December 17, 2025, to June 17, 2026.
  • Compensation: $250,000 (U.S.).
  • Securities Issued: None in connection with this engagement.

Notable Quotes

• None provided in the text.