Rockland Resources Ltd. (TSE:RKL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.