Rockland Resources Closes Private Placement Tranche

Core Viewpoint - Rockland Resources Ltd. has successfully closed a tranche of a non-brokered private placement, raising a total of $1,088,000 through the issuance of 10,880,000 units at a price of $0.10 per unit [1][2] Group 1 - The private placement consists of units that include one common share and one transferable common share purchase warrant, with warrants exercisable at $0.15 per share for a period of 36 months [1] - A senior officer of the company has subscribed for 300,000 units as part of the private placement [2] - The remaining balance of the private placement is expected to close on January 27, 2026 [2] Group 2 - Proceeds from the private placement will be utilized to advance the Cole Gold Mines project in Red Lake, Ontario, as well as for general working capital [2] - Shares issued from the financing will be subject to a four-month hold period in accordance with Canadian securities laws [2] Group 3 - Rockland Resources Ltd. is focused on mineral exploration and the acquisition of mineral property assets for the benefit of its shareholders [3]