Highrock Resources Upsizes Private Placement

Executive Summary

• Highrock Resources Ltd. upsized its non‑brokered private placement to a maximum of 2,000,000 units at $0.05 per unit, targeting gross proceeds of up to $100,000.
• Each unit consists of one common share and one whole‑share purchase warrant exercisable at $0.075 per share for two years.
• Proceeds will be used for working capital and general corporate purposes; securities are subject to a four‑month hold period plus one day.

Key Details

• Upsized Offering Size: Up to 2,000,000 units (previously announced on February 24, 2026).
• Unit Price: $0.05 per unit.
• Gross Proceeds Target: Up to $100,000.
• Composition of Each Unit:
• 1 common share of Highrock Resources Ltd.
• 1 whole‑share purchase warrant (right to acquire one additional common share at $0.075 per share).
• Warrant Terms: Exercisable for two (2) years from the date of issuance.
• Use of Proceeds: Working capital and general corporate purposes.
• Closing Conditions: Subject to receipt of all required corporate and regulatory approvals, including CSE approval.
• Hold Period: Securities subject to a hold period of four months plus one day from issuance; resale governed by applicable securities legislation.
• Regulatory Disclaimer: Offering not registered under U.S. securities laws; not offered or sold in the United States or to U.S. persons unless an exemption is available.

Notable Quotes

• “We are pleased to increase the size of our private placement, providing additional capital to support our exploration and corporate initiatives,” – Derrick Dao, Chief Executive Officer.