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Rocky Shore Gold Announces Upsize of Private Placement
Globenewswireยท2025-09-19 11:00

Core Points - Rocky Shore Gold Ltd. has increased the size of its non-brokered private placement to raise up to $2,500,000 through the sale of units and flow-through shares, both priced at $0.05 each [1][2] - The proceeds from the units will be used for general corporate purposes, while the proceeds from the flow-through shares will be allocated to the exploration and advancement of the Gold Anchor Project [2] - The company has received approval from the Canadian Securities Exchange (CSE) for an extension to complete the offering, with plans to close the final tranche by October 17, 2025 [3] Company Overview - Rocky Shore Gold is a Canadian exploration company focused on major gold discoveries at its 100%-owned Gold Anchor Project, located in central Newfoundland, which is recognized as a promising gold belt [4] - The Gold Anchor Project covers over 1,200 square kilometers and is strategically positioned near significant gold discoveries and deposits, featuring numerous gold-bearing faults [4] - The company acknowledges financial support from the 2025 Junior Exploration Assistance Program by the Government of Newfoundland and Labrador [5]