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Rockland Resources ( (TSE:RKL) ) has provided an update.
Rockland Resources Ltd. has announced a debt settlement agreement with creditors to resolve outstanding debt of $172,500 by issuing 3,450,000 units, each including a common share and half of a purchase warrant. The transaction is subject to regulatory approvals and includes restrictions on resale for four months. Additionally, the company has granted 475,000 stock options to consultants and directors at $0.05 per option, aligning with their stock option plan.
More about Rockland Resources
Rockland Resources Ltd. is engaged in the business of mineral exploration and the acquisition of mineral property assets for the benefit of its shareholders.
YTD Price Performance: 0.0%
Average Trading Volume: 74,754
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on RKL stock on TipRanks’ Stock Analysis page.