- Rokmaster Resources (RKR) has closed a non-brokered financing for gross proceeds of $1,325,000
- The company issued 3,100,000 flow-through units and 7,166,665 non-flow-through units
- Proceeds will be used for exploration and general working capital purposes.
- Rokmaster Resources is a mineral exploration company focused on acquiring and developing mineral properties
- Rokmaster Resources Corp. (RKR) opened trading at C$0.125
Rokmaster Resources (RKR) has closed a non-brokered financing for gross proceeds of $1,325,000.
The company issued 3,100,000 flow-through units at $0.15 per flow-through unit and 7,166,665 non-flow-through units at $0.12 per unit.
Each flow-through unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant entitles the holder to purchase one non-flow-through common share for $0.25 until August 24, 2023.
Each non-flow-through unit consists of one common share and one non-transferable share purchase warrant. Each warrant entitles the holder to purchase one share for $0.20 until August 24, 2023.
The non-flow-through and flow-through warrants are subject to an acceleration clause.
The company paid a total of $88,100 and issued a total of 687,666 warrants to eligible finders.
All securities issued are subject to a statutory hold period which expires on December 25, 2022.
Proceeds will be used for exploration and general working capital purposes.
Rokmaster Resources is a mineral exploration company focused on acquiring and developing mineral properties.
Rokmaster Resources Corp. (RKR) opened trading at C$0.125.
