TSXV: RKR
Frankfurt: 1RR
OTC Pink: RKMSF
VANCOUVER, May 19, 2020 /CNW/ - Rokmaster Resources
Corp. (the "Company") is pleased to report that the non-brokered,
non-flow-through unit private placement (as detailed in the
Company's news release dated April 27,
2020) (the "Non-Flow-Through Private Placement"), has been
increased from up to $2 million to up
to $2.5 million as a result of
investor demand. The increase in size of the Non-Flow-Through
Private Placement is subject to TSX Venture Exchange approval.
All securities issued from the Non-Flow-Through Private
Placement are to fund exploration expenditures for the Revel Ridge
Project as well as for working capital purposes.
For additional information on the Company, the aforementioned
private placements or the Company's projects, please visit the
Company's website www.rokmaster.com or telephone (604)
290-4647.
On behalf of the Board of Directors,
"John Mirko"
John Mirko, President and Chief
Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:
This news release may contain forward-looking information within
the meaning of applicable securities laws ("forward-looking
statements"). Forward-looking statements are statements that are
not historical facts and are generally, but not always, identified
by the words "expects," "plans," "anticipates," "believes,"
"intends," "estimates," 'projects," "potential" and similar
expressions, or that events or conditions "will," "would," "may,"
"could" or "should" occur. Forward-looking statements in this
news release include the anticipated date of closing of the
Flow-Through Private Placement and the first tranche of the
Non-Flow-Through Private Placement, as well as the anticipated use
of proceeds from such financings. These forward-looking statements
are subject to a variety of risks and uncertainties which could
cause actual events or results to differ materially from those
reflected in the forward-looking statements, including, without
limitation: risks related to fluctuations in metal prices;
uncertainties related to raising sufficient financing to fund the
planned work in a timely manner and on acceptable terms; changes in
planned work resulting from weather, logistical, technical or other
factors; the possibility that results of work will not fulfill
expectations and realize the perceived potential of the Company's
properties; risk of accidents, equipment breakdowns and labour
disputes or other unanticipated difficulties or interruptions; the
possibility of cost overruns or unanticipated expenses in the work
program; the risk of environmental contamination or damage
resulting from Rokmaster's operations and other risks and
uncertainties. Any forward-looking statement speaks only as
of the date it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new
information, future events or results or otherwise.
SOURCE Rokmaster Resources Corp.