Mr. John Mirko reports

ROKMASTER CLOSES PRIVATE PLACEMENT

Rokmaster Resources Corp. has closed its non-brokered financing with the issuance of 10 million units at a price of five cents per unit for gross proceeds of $500,000.

Each unit comprised one common share of the company and one-half non-transferrable common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the company at a price of nine cents per warrant share for a period of one year expiring on July 14, 2024, subject to the acceleration provision.

If at any time prior to the expiry date, the company's common shares trade at or above a price of 15 cents per common share on the TSX Venture Exchange 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, 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.

Certain insiders of the company acquired $245,000 of the financing, and, as such, a portion of the financing is considered a related party transaction as defined in the exchange's Policy 5.9 and Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions (MI 61-101).

The company is relying upon the exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the shares subscribed for, nor the consideration paid for the shares, exceeds 25 per cent of the company's market capitalization.

The securities issued pursuant to the financing are subject to a four-month-and-one-day hold period expiring Nov. 15, 2023, and were not offered or registered in the United States.

Proceeds from the financing will be used to finance the company's projects and for general working capital purposes.

We seek Safe Harbor.