Business
Rocky Shore Gold Announces Upsize of Private Placement
TORONTO, ON / ACCESS Newswire / January 28, 2026 / Rocky Shore Gold Ltd. ("Rocky Shore" or the "Company") (CSE:RSG) is pleased to announce that, due to the high
About this update from Rocky Shore Gold Limited
[{"type":"text","content":" TORONTO, ON / ACCESS Newswire / January 28, 2026 / Rocky Shore Gold Ltd. (\"Rocky Shore\" or the \"Company\") (CSE:RSG) is pleased to announce that, due to the high level of interest, it has increased the size of its previously announced non-brokered private placement (the \"Offering\") to now raise aggregate gross proceeds of up to $6,000,000 through the sale of units (\"Units\") at a price of $0.175 per Unit. Each Unit will be comprised of one common share of the Company (a \"Common Share\") and one share purchase warrant (each, a \"Warrant\"). Each Warrant will entitle the holder thereof to acquire one Common Share, to be issued on a non-flow through basis, at an exercise price of $0.30 until the date that is three years following the closing date of the Offering. The proceeds from the Units issued under the Offering will be used for general corporate purposes and advancement of the Company's Gold Anchor Project located in central Newfoundland. The securities to be issued in connection with the Offering will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. The Company may pay finder's fees and/or issue finder's warrants on a portion of the Offering to eligible finders, subject to compliance with the policies of the Canadian Securities Exchange and applicable securities legislation. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The 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 state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Advisor Cassels Brock & Blackwell LLP is acting as legal advisor to Rocky Shore in connection with the Offering. ABOUT ROCKY SHORE GOLD LTD. Rocky Shore Gold is a Canadian junior exploration company targeting the expansion of its two porphyry-controlled Mosquito Hill and Reid Gold Deposits and the discovery of structurally controlled high-grade gold zones at its 100%-owned Gold Anchor Project. The project is strategically located in central N...