Rockland Resources Ltd. (TSE:RKL) has released an update.
Rockland Resources Ltd. has successfully completed a private placement, raising $112,500 through the sale of 4.5 million units at $0.025 each. This financing initiative also offers investors warrants to purchase additional shares at a future date. The company, specializing in mineral exploration, plans to allocate the proceeds for general and administrative expenses while advancing its mineral property projects in Utah, USA, Sonora, Mexico, and Ontario, Canada.
For further insights into TSE:RKL stock, check out TipRanks’ Stock Analysis page.
