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Rockland Resources ( (TSE:RKL) ) has issued an announcement.
Rockland Resources Ltd. has announced a non-brokered private placement of up to 9 million units at $0.05 per unit, aiming to raise $450,000. The proceeds will be used to advance their Beryllium Butte property in Utah and for general working capital purposes. This financing move could enhance Rockland’s operational capabilities and strengthen its position in the mineral exploration industry.
More about Rockland Resources
Rockland Resources Ltd. is a company engaged in the business of mineral exploration and the acquisition of mineral property assets for the benefit of its shareholders.
YTD Price Performance: 80.0%
Average Trading Volume: 81,823
Technical Sentiment Consensus Rating: Buy
Learn more about RKL stock on TipRanks’ Stock Analysis page.