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Gold 3,882.00 −0.1% Silver 49.05 −2.0% Copper 6.10 −1.5% Oil 88.99 +0.3% Palladium 1,010.00 +1.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.45 −4.5% XTG 2.00 +0.0% RUA 1.12 +1.8% 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 10.50 −2.6% OBUL 0.340 −1.4% MKO 10.69 −1.2% SGML 7.49 +5.8% CERT 2.22 +4.7% Gold 3,882.00 −0.1% Silver 49.05 −2.0% Copper 6.10 −1.5% Oil 88.99 +0.3% Palladium 1,010.00 +1.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.45 −4.5% XTG 2.00 +0.0% RUA 1.12 +1.8% 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 10.50 −2.6% OBUL 0.340 −1.4% MKO 10.69 −1.2% SGML 7.49 +5.8% CERT 2.22 +4.7%

Financings

Rockland closes $606,200 private placement

By The Northwire Desk — AI Analysis Dec 17, 2025 · 05:04 RKL · 0.10 Rockland Resources Ltd

RKL · Price

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.

Read the original news release →

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