Rockland Resources Arranges Financing
(TheNewswire)
Vancouver, British Columbia, June 17th, 2025 –TheNewswire - RocklandResources Ltd. (the “Company” or "Rockland")(CSE: RKL) (OTCQB: BERLF)(FSE: GB2) announces thatit has arranged a non-brokered private placement of up to 9 millionunits ("Units") at a price of $0.06 per Unit for aggregategross proceeds of $540,000.00 (the "Offering"). Each Unitwill be comprised of one common share ("Share") and onetransferable Share purchase warrant of the Company("Warrant"). Each Warrant will entitle the Subscriber topurchase one Warrant Share for a 36-month period after the ClosingDate at an exercise price of $0.10 per share. Net proceeds of the Financing will be used to advance theCorporation's beryllium portfolio property inUtah and for general working capitalpurposes.
Shares issued pursuant to the Financing will be subjectto a four-month hold period according to applicable securities lawsof Canada.
Finders' fees will be payable on the private placement,subject to the policies of the Canadian Securities Exchange.
About Beryllium
Beryllium is a high-value, essential, light metal withwide applications in the aerospace, computer, telecommunications,electronics, medical, satellite, energy and defence sectors and isconsidered a critical mineral by the US government.
About Rockland Resources Ltd. --Exploring For Tomorrow’s Technology
Rockland Resources Ltd. RKL (OTCQB: BERLF) (FSE:
GB2) is advancing critical minerals exploration and is specializing in
beryllium at its strategically located Meteor, Beryllium Butte and
Claybank projects in the Spor Mountain region of Utah, USA. Spor
Mountain is home to Materion’s MTRN Spor Mountain Mine, the
largest beryllium producer in the world and continuously mined since
1969. The Company also has the 100%-owned Cole Gold Mines Project,
located in the western portion of the prolific Red Lake gold district
of Ontario.
On Behalf of the Board of Directors
Michael England, CEO & Director
For further information, pleasecontact:
Mike England
Email: mike@engcom.ca
Neither the Canadian Stock Exchangenorits 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. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).
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