Roland Mineral closes $2.4-million financing

Mr. Vincent Teo reports $2,400,000 FINANCING CLOSED Roland Mineral Enterprises Corp. has closed its previously announced private placement financing, issuing 17,777,770 units at 13.5 cents per unit for gross proceeds $2.4-million. Each unit comprises one common share and one five-year transferable warrant, each such warrant entitling the holder to purchase one additional share at a price of 17.5 cents per share. The company issued $277,000 of units on a flow-through basis. The flow-through shares comprising the 2,051,850 flow-through units and 2,051,850 flow-through shares issuable upon exercise of the warrants comprising the flow-through units will entitle holders to receive tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada). Participation by one insider for 185,185 units, comprising 1.04 per cent of the total amount raised, constitutes a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Roland is relying on the exemptions contained in sections 5.5(a) and section 5.7(1)(a) as the fair market value of the participation in the private placement by the insider does not exceed 25 per cent of the market capitalization of Roland, as determined in accordance with MI 61-101. Roland's board of directors and specifically the independent members of the board, as applicable, reviewed and approved the private placement subscription by the insider. Roland did not file a material change report in respect of the related party transaction at least 21 days before closing of the private placement as the date of closing was not previously known. Proceeds of the financing will be used for payment of debt, working capital and business development, and for exploration and development of its mineral properties. A cash finder's fee of $182,000, representing 8 per cent of the gross proceeds from a portion of the financing, was paid to TAC Capital Corp. in accordance with the policies of the TSX Venture Exchange. The terms of the financing have been accepted for filing by the TSX Venture Exchange. The units and any shares issued on the exercise the warrants comprising the units are restricted from trading until Dec. 14, 2026. About Roland Mineral Enterprises Corp. Roland Mineral is a mineral exploration company listed on the TSX Venture Exchange (symbol RME), focused on the acquisition, exploration and development of high-quality gold, silver, copper, platinum, palladium and lithium assets in Canada and the Americas. On March 27, 2026, Roland commenced its Venezuela mineral rights acquisition program to identify, pursue and acquire significant mineral rights in Venezuela. Roland seeks to create value through strategic acquisitions, disciplined exploration, technical excellence, and strategic partnerships and relationships. Roland's projects include: the Dominion Creek Dredge gold project in the world-famous Klondike region of Yukon; the Gwyn Lake gold project in the historic Beardmore-Geraldton greenstone gold belt in Ontario; ownership of the Buck Lake platinum, palladium, nickel and copper project near the Lac des Iles platinum and palladium mine in Ontario; and a controlling interest in the Fox Creek lithium brine project in Alberta, Canada. We seek Safe Harbor.