Rock Edge Resources Completes Initial Public Offering and Lists on the Canadian Securities Exchange

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[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - April 6, 2022 - Rock Edge Resources Ltd. (the \"Company\" or \"Rock Edge\") (CSE:REDG) (CNSX:REDG.CN) is pleased to announce that, on April 6, 2022, it completed its initial public offering (the \"IPO\") of 3,700,000 common shares in its capital (each, a \"Share\"), 200,000 of which were sold pursuant to an over-allotment option, at a price of $0.10 per Share for gross proceeds of $370,000.  The net proceeds from the IPO will be used for working capital and to carry out exploration of the Company's Stockwork Project, which covers an area of approximately 645 hectares approximately 65 kilometres southeast from Vernon, British Columbia, Canada, within the Vernon Mining Division. Pursuant to an agency agreement dated March 14, 2022 with the Company, Research Capital Corporation acted as agent (the \"Agent\") for the IPO.  In consideration for the services provided by the Agent, the Company paid the Agent a cash commission in the amount of $37,000 and a corporate finance fee of $25,000 plus GST.  Additionally, the Company granted the Agent and its selling group an aggregate of 370,000 compensation warrants (the \"Compensation Warrant\").  Each Compensation Warrant entitles the holder thereof to purchase one Share at a price of $0.10 per Share, exercisable on or before April 6, 2024. The Shares were listed on the Canadian Securities Exchange on April 5, 2022 and are expected to begin trading on April 7, 2022 under the symbol \"REDG\". The offered securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\"), or any applicable state securities laws and may not be offered or sold in the United States or to \"U.S. persons\", as such term is defined in Regulation S under the U.S. Securities Act, absent such registration or an applicable exemption from such registration requirements.  This news release shall not constitute an offer to sell or the solicitation of an offer to buy the offered securities in any jurisdiction. About Rock Edge Resources Ltd. Rock Edge is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada.  Its objective is to locate and develop economic precious and b...

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