Rockland Resources Secures Driller, Arranges Financing

Executive Summary

• Rockland Resources has engaged Chibougamau Drilling to commence a ~3,000‑metre drill program at its flagship Cole Gold Mines project in Red Lake, Ontario, expected to start later this month.
• The company is conducting a non‑brokered private placement of up to 12 million units at $0.10 per unit, targeting gross proceeds of $1.2 million.
• Net proceeds will be used to fund the Cole Gold Mines drill program and general working capital; each unit includes one common share and one warrant exercisable at $0.15 for three years.

Key Details

• Drill Program
• Contractor: Chibougamau Drilling (base in Red Lake, experienced on Great Bear deposit).
• Scope: Approximately 3,000 m of core drilling.

• Commencement: Expected later in January 2026.

• Private Placement Offering

• Units offered: Up to 12 million units.
• Price per unit: $0.10.
• Gross proceeds target: $1,200,000.
• Unit composition: 1 common share + 1 transferable warrant.
• Warrant terms: Right to purchase one share at $0.15 per share for a 36‑month period after closing.
• Hold period: Shares subject to a four‑month hold pursuant to Canadian securities laws.
• Use of proceeds: Advance the Cole Gold Mines project (drilling, exploration) and general working capital.

• Finders’ fees: May be payable per CSE policies.

• Qualified Person

• Danae Voormeij, P.Geo., EGBC – newly appointed Chief Geologist – reviewed and approved all technical disclosures.

• Corporate Statements

• CEO & Director Michael England signed on behalf of the Board.
• Standard forward‑looking statements disclaimer included.