05:23:37 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



Rokmaster Resources Corp (2)
Symbol RKR
Shares Issued 163,240,478
Close 2025-04-03 C$ 0.02
Market Cap C$ 3,264,810
Recent Sedar Documents

Rokmaster Resources arranges $550,000 private placement

2025-04-04 07:59 ET - News Release

Mr. John Mirko reports

ROKMASTER ANNOUNCES UP TO $550,000 FINANCING

Rokmaster Resources Corp. intends to complete a non-brokered financing for a total of up to $550,000 involving the sale of flow-through shares and non-flow-through units.

The flow-through financing will consist of up to 6.25 million FT shares, priced at four cents per FT share, for gross proceeds of up to $250,000, and the non-flow-through financing will consist of up to 15 million NFT units, priced at two cents per NFT unit, for gross proceeds of up to $300,000. Each NFT unit will consist of one common share plus one-half non-transferable share purchase warrant. Each whole warrant is exercisable to purchase one additional common share of the company at five cents for a period of two years from the date of closing.

The 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 10 cents per share for a period of 10 consecutive trading days commencing four months plus one day after the date of closing. In such event, the company may, at its option, accelerate the expiry date of the warrants by issuing a press release to the warrantholders, and in such case, the expiry date of the warrants will be 30 days from the date of the notice.

The FT shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada)). The gross proceeds raised from the sale of the FT shares will be used by Rokmaster to incur Canadian exploration expenses (within the meaning of the tax act). Rokmaster will use funds raised from the sale of the NFT units on non-flow-through-eligible project expenses as well as for general working capital purposes. The company reserves the right to accept additional funds, subject to regulatory approval, should the financing be oversubscribed.

Directors and officers of the company may acquire securities under the financing, which participation would be considered a related party transaction, as defined under Multilateral Instrument 61-101. Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

The financing is subject to TSX-V approval, and all securities issued pursuant to the financing will be subject to a four-month-and-one-day hold period from the closing date and are not being offered or registered in the United States.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.