Mr. Vincent Teo reports
$2,400,000 FINANCING CLOSED
Roland Mineral Enterprises Corp. has
closed its previously announced private placement financing, issuing 17,777,770 units at 13.5
cents per unit for gross proceeds $2.4-million. Each unit comprises one common share and one
five-year transferable warrant, each such warrant entitling the holder to purchase one additional
share at a price of 17.5 cents per share. The company issued $277,000 of units on a flow-through basis. The flow-through shares comprising the 2,051,850 flow-through units and 2,051,850 flow-through shares
issuable upon exercise of the warrants comprising the flow-through units will entitle holders to
receive tax benefits applicable to flow-through shares in accordance with provisions of the
Income Tax Act (Canada).
Participation by one insider for 185,185 units, comprising 1.04 per cent of the total amount raised,
constitutes a related party transaction within the meaning of TSX Venture Exchange Policy 5.9
and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special
Transactions. Roland is relying on the exemptions contained in sections 5.5(a)
and section 5.7(1)(a) as the fair market value of the participation in the private placement by the
insider does not exceed 25 per cent of the market capitalization of Roland, as determined in
accordance with MI 61-101. Roland's board of directors and specifically the independent
members of the board, as applicable, reviewed and approved the private placement subscription
by the insider. Roland did not file a material change report in respect of the related party
transaction at least 21 days before closing of the private placement as the date of closing was not
previously known.
Proceeds of the financing will be used for payment of debt, working capital and business
development, and for exploration and development of its mineral properties. A cash finder's fee
of $182,000, representing 8 per cent of the gross proceeds from a portion of the financing, was paid to
TAC Capital Corp. in accordance with the policies of the TSX Venture Exchange. The terms of
the financing have been accepted for filing by the TSX Venture Exchange. The units and any
shares issued on the exercise the warrants comprising the units are restricted from trading until
Dec. 14, 2026.
About Roland Mineral Enterprises Corp.
Roland Mineral is a mineral exploration company listed on the TSX Venture
Exchange (symbol RME), focused on the acquisition, exploration and development of high-quality gold, silver, copper, platinum, palladium and lithium assets in Canada and the Americas.
On March 27, 2026, Roland commenced its Venezuela mineral rights acquisition program to
identify, pursue and acquire significant mineral rights in Venezuela. Roland seeks to create value
through strategic acquisitions, disciplined exploration, technical excellence, and strategic
partnerships and relationships. Roland's projects include: the Dominion Creek Dredge gold
project in the world-famous Klondike region of Yukon; the Gwyn Lake gold
project in the historic Beardmore-Geraldton greenstone gold belt in Ontario; ownership of the
Buck Lake platinum, palladium, nickel and copper project near the Lac des Iles platinum and
palladium mine in Ontario; and a controlling interest in the Fox Creek lithium brine project in
Alberta, Canada.
We seek Safe Harbor.
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