Rockland Upsizes Financings

• Rockland Resources Ltd. announced an upsizing of its previously announced private placement on April 21, 2026.
• The Unit private placement increased from $900,000 to $1,770,000.
• The Flow-through share private placement increased from $600,000 to $860,000.
• Pricing adjustments were made: Flow-through share price reduced from $0.27 to $0.255 per share.
• Warrant exercise prices for flow-through shares adjusted downward from $0.33 to $0.30.
• Expected closing date is April 24, 2026.
• All securities issued are subject to a four-month hold period under Canadian securities laws.
• Proceeds will be used to advance the Cole Gold Mines project and general working capital.

• The news represents an upsizing of the financing announced on April 10, 2026, rather than a new strategic initiative.
• Liquidity is improved by securing additional funds ($870k increase in units + $260k increase in flow-through shares), which supports project continuity.
• However, the reduction in share price and warrant exercise prices signals potential market resistance at higher levels or urgency to close capital.
• The dilution impact is material given the company's history of frequent financings since November 2025.
• No new geological data accompanies this financing; it relies on previous drilling results (April 9) which are still awaiting assay confirmation.
• The rating reflects a Routine - Positive outcome as capital is secured, but the pricing adjustments and dilution prevent a Material classification.

• Company: Rockland Resources Ltd., focused on gold exploration in the Red Lake Mining District, Ontario.
• Flagship Project: Cole Gold Mines Project (100% owned), a historic mine with over 30 mapped veins and visible gold occurrences.
• Secondary Assets: Twin Break project acquired via option agreement in February 2026; Utah beryllium assets (Claybank, Meteor) being repositioned or sold off.
• Management: Michael England serves as CEO & Director. Ewan Downie appointed Technical Advisor in February 2026. Danae Voormeij appointed Chief Geologist in November 2025.
• Project Status: Active drilling program completed (April 9), awaiting assay results to define resource potential and depth continuity.