Rokmaster Plans Private Placement for Duncan Zinc Property

About this update from Rokmaster Resources Corp.

[{"type":"text","content":"\n\n\n\nRokmaster Plans Private Placement for Duncan Zinc Property\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\nCanada NewsWire\nVANCOUVER, May 8, 2019\n\n\n\nTSXV: RKR\n VANCOUVER, May 8, 2019 /CNW/ - Rokmaster Resources Corp. (\"Rokmaster\" or the \"Company\") is pleased to report that surface exploration work is planned to commence shortly to delineate several recently discovered surface showings and soil geochemical anomalies located north of Glacier Creek on the southern portion of the Company's Duncan Lake Zinc Project (the \"Project\"). Work will consist of geological mapping, additional soil sampling, prospecting, excavator trenching and rock sampling.\nTo facilitate the planned work at the Project, the Company is offering a non-brokered private placement (the \"Private Placement\") for gross proceeds of up to $300,000 through the issuance of a combination of units (\"Unit\") of up to $150,000 and flow-through shares (\"FT Share\") of up to $150,000 at a price of $0.04 per Unit and $0.05 per FT Share, respectively.\nEach Unit consists of one common share of the Company (a \"Share\") and one non-transferable share purchase warrant (a \"Warrant\"). Each Warrant is exercisable to purchase one additional common share of the Company (a \"Warrant Share\") for a period of one year from the date of closing of the Private Placement at a price of $0.07 per Warrant.\nEach FT share is a common share which is a \"flow-through\" share for Canadian income tax purposes. British Columbia residents and corporations are also eligible for BC Super Flow Through of 30% from this offering, as well, individuals in British Columbia are also entitled to receive their 15% ITC Federal Tax Credit \nThe Warrants are subject to an accelerated expiry date, which comes into effect when the trading price on the TSX Venture Exchange of the Company's common shares closes at or above $0.12 per share during any 20 day consecutive trading day period commencing four months plus one day after the date of issuance. In such event, the Company will give an expiry acceleration notice (the \"Notice...

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