Rocky Shore Gold Closes Final Tranche of Oversubscribed Non-Brokered Private Placement

Core Points - Rocky Shore Gold Ltd. has successfully closed the third and final tranche of its non-brokered private placement, raising gross proceeds of $503,500 [1] - The total proceeds from the full offering amount to $2.5 million, with 31,530,000 units and 18,470,000 flow-through shares issued [1][3] - The funds will be utilized for ongoing exploration at the Gold Anchor Project, specifically for an inaugural drill program at the Lane Pond Gold Target [2][3] Financial Details - The final tranche involved the issuance of 6,750,000 units at C$0.05 per unit, each consisting of one common share and one-half of a common share purchase warrant [1] - Additionally, 3,320,000 flow-through shares were issued at the same price of C$0.05 [1] - The total number of units and flow-through shares sold in the full offering reflects significant investor interest and support [1][2] Project Focus - The Lane Pond Gold Target is located within the Appleton Fault Corridor, an area known for hosting gold resources and high-grade discoveries [2] - The Gold Anchor Project is strategically positioned in central Newfoundland, which is recognized as one of Canada's most promising gold exploration regions [6] - The project encompasses over 1,200 square kilometers and includes numerous gold-bearing faults, enhancing its exploration potential [6] Additional Information - The company has issued 289,200 finder's warrants to eligible finders, which are exercisable at $0.05 until April 7, 2027 [4] - All securities issued are subject to a statutory hold period expiring on February 8, 2026 [5] - The company acknowledges financial support from the 2025 Junior Exploration Assistance Program by the Government of Newfoundland and Labrador [7]