New Risk • Jun 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.1m (US$8.69m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (187% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.1m market cap, or US$8.69m). Announcement • Apr 25
Rockland Resources Ltd. announced that it has received CAD 2.738433 million in funding On April 24, 2026, Rockland Resources Ltd. closed the transaction. The company issued 8,497,818 units at an issue price of CAD 0.22 for the proceeds of CAD 1,869,519.96 and 3,407,502 FT unit at an issue price of CAD 0.255 for the proceeds of CAD 868,913.01. In connection with the closing of the non-brokered private placement, the Company paid total finders’ fees of CAD 81,309.75 cash. Announcement • Apr 11
Rockland Resources Ltd. announced that it expects to receive CAD 1.5041 million in funding Rockland Resources Ltd announced a non-brokered private placement to issue 4,100,000 units at an issue price of CAD 0.22 for the proceeds of CAD 902,000 and 2,230,000 FT unit at an issue price of CAD 0.27 for the proceeds of CAD 602,100 on April 10, 2026. Each Unit will be comprised of one common share ("Share") and one-half transferable Share purchase warrant of the Company ("Warrant"). Each whole Warrant will entitle the Subscriber to purchase one Warrant Share for a 36-month period after the Closing Date at an exercise price of CAD 0.30 per share. The company will make a provision for an overallotment option to allow a purchase of up to 20 per cent additional units beyond the number of units in this private placement. Each flow-through unit is comprised of one common share of the company issued on a flow-through basis and one-quarter of one common share purchase warrant issued on a non-flow-through basis. Each whole warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.33 for a period of 36 months following closing. The company will make a provision for an overallotment option to allow a purchase of up to 20 per cent additional units beyond the number of units in this private placement. Shares issued pursuant to the Financing will be subject to a four-month hold period according to applicable securities laws of Canada. Finders' fees may be payable on the private placement, subject to the policies of the Canadian Securities Exchange.