Business
Rockland Resources Financing Fully Subscribed
Vancouver, British Columbia – TheNewswire - December 9, 2025, Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL) (OTCQB: BERLF) (FSE: GB2) announc
About this update from Rockland Resources Ltd.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - December 9, 2025, Rockland Resources Ltd. (the “Company” or \"Rockland\") (CSE: RKL) (OTCQB: BERLF) (FSE: GB2) announces that the private placement announced on December 8, 2025, is now fully subscribed. The private placement arranged is a non-brokered private placement of 7.5 million units (\"Units\") at a price of $0.08 per Unit for aggregate gross proceeds of $600,000 (the \"Offering\"). Each Unit will be comprised of one common share (\"Share\") and one transferable Share purchase warrant of the Company (\"Warrant\"). Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 48-month period after the Closing Date at an exercise price of $0.12 per share. Net proceeds of the Financing will be used to advance the Corporation's Cole Gold Mines project in Red Lake, Ontario and for general working capital purposes. Shares issued pursuant to the Financing will be subject to a four-month hold period according to applicable securities laws of Canada. Finders' fees will be payable on the private placement, subject to the policies of the Canadian Securities Exchange. About Rockland Resources Ltd. Rockland Resources is committed to unlocking value through focused mineral exploration and discovery. The company's flagship project is the historic Cole Gold Mines project in the prolific Red Lake district of Ontario. By leveraging geological expertise, disciplined exploration and strategic project development, Rockland Resources aims to deliver meaningful growth and long-term value to its shareholders. Additionally, Rockland has a portfolio of beryllium properties in Utah that it is determining next moves on. We seek Safe Harbor. On Behalf of the Board of Directors Michael England, CEO & Director For further information, please contact: Mike England Email: [email protected] Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. FORWARD-LOOKING STATEMENTS This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. ...