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ROKMASTER CLOSES FIRST TRANCHE OF FINANCING
ROKMASTER CLOSES FIRST TRANCHE OF FINANCING Canada NewsWire VANCOUVER, BC ...
About this update from Rokmaster Resources Corp.
[{"type":"text","content":"\n \n \n \n ROKMASTER CLOSES FIRST TRANCHE OF FINANCING\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Feb. 17, 2023\n \n \n /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1)\n \n (\"Rokmaster\"\n \n or the\n \n \"Company\")\n \n is pleased to announce that it has closed the first tranche of its non-brokered financing (the \"\n \n Financing\n \n \") with the issuance of 4,000,000 units at a price of\n \n $0.10\n \n per unit (a \"\n \n Unit\n \n \") for gross proceeds of\n \n $400,000\n \n .\n \n \n \n \n \n \n \n \n \n Each Unit is comprised of one common share of the Company and one-half (1/2) non-transferrable common share purchase warrant.  Each whole warrant entitles the holder to purchase one additional common share of the Company (a \"\n \n Warrant Share\n \n \") at a price of\n \n $0.175\n \n per Warrant Share for a period of one year expiring on\n \n February 16, 2024\n \n (the \"\n \n Expiry Date\n \n \"), subject to the Acceleration Provision.\n \n \n If at any time prior to the Expiry Date, the Company's common shares trade at or above a price of\n \n $0.25\n \n per common share on the TSX Venture Exchange (the \"\n \n Exchange\n \n \") for a period of 10 consecutive trading days commencing four months plus one day after the issue date, the Company may, at its option, accelerate the Expiry Date by issuing a press release announcing such acceleration (the \"\n \n Acceleration Press Release\n \n \"), and, in such case, the Expiry Date shall be deemed to be the 30th day following the date of issuance of the Acceleration Press Release (the \"\n \n Acceleration Provision\n \n \").\n \n \n The securities issued pursuant to the Financing are subject to a four-months and one day hold period expiring\n \n June 17, 2023\n \n and were not offered or registered in\n \n the United States\n \n .\n \n \n In connection with the closing of the Financing, the Company paid cash finder's fees in aggregate of\n \n $18,865\n \n , and issued a total of 188,650 finder's warran...