Amendment to Recently Closed Non-Brokered Private Placement
March 08 2021 - 4:00PM
Rockridge Resources Ltd. (TSX-V:
ROCK) (“Rockridge” or the
“Company”) announces that the private placement of the Company
closed on March 5th has been increased by an additional $125,000
and the Company has issued an additional 1,000,000 units (the
"Units") at a price of CAD $0.125 per Unit. Each Unit is comprised
of one common share and one warrant (a “Warrant”). Each Warrant
will entitle the holder to purchase one additional common share for
a period of sixty (60) months at a price of CAD $0.22 per share.
The Company will pay no additional finders fees.
All securities issued are subject to a
four-month-and-one-day hold period. The use of proceeds is set out
in the March 5th, 2021 news release.
About Rockridge Resources
Ltd.:
Rockridge Resources is a publicly traded mineral
exploration company focused on the acquisition, exploration, and
development of mineral resource properties in Canada and other
mining-friendly jurisdictions. The Company's Knife Lake Project is
in Saskatchewan, which is ranked as one of the top mining
jurisdictions in the world by the Fraser Institute. The project
hosts the Knife Lake deposit, which is a VMS, near-surface
copper-cobalt-gold-silver-zinc deposit open along strike and at
depth. The Company’s Raney Gold Project is a high-grade gold
exploration project located in the same greenstone belt that hosts
the world-class Timmins and Kirkland Lake lode gold mining camps.
Rockridge’s goal is to maximize shareholder value through new
mineral discoveries, committed long-term partnerships, and the
advancement of exploration projects in geopolitically favourable
jurisdictions.
Additional information about Rockridge Resources
and its project portfolio can be found on the Company’s website at
www.rockridgeresourcesltd.com.
Rockridge Resources Ltd.
“Grant
Ewing” Grant
EwingCEO
For further information contact myself or:
Jordan Trimble, President orSpencer Coulter, Corporate
CommunicationsRockridge Resources Ltd.Telephone: 604-687-3376Toll
Free: 800-567-8181Facsimile: 604-687-3119Email:
info@rockridgeresourcesltd.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Forward Looking Information
This release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that management of the Company
expects, are forward-looking statements. Statements included in
this announcement, including statements concerning our plans,
intentions and expectations, which are not historical in nature are
intended to be, and are hereby identified as, “forward-looking
statements”. Forward-looking statements may be identified by words
including “anticipates”, “believes”, “intends”, “estimates”,
“expects” and similar expressions. Although management believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, and actual results or developments may differ
materially from those in the forward-looking statements. The
Company undertakes no obligation to update these forward-looking
statements if management's beliefs, estimates or opinions, or other
factors, should change. Factors that could cause actual results to
differ materially from those in forward-looking statements, include
market prices, exploration and development successes, continued
availability of capital and financing, and general economic, market
or business conditions. Please see the public filings of the
Company at www.sedar.com for further information.
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