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| Home : Rockland Closes Private Placement Financing and Approves New Control Person |
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Oct 29
2014 |
Rockland Closes Private Placement Financing and Approves New Control Person |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 28, 2014) - Rockland Minerals Corp. (the "Company" or "Rockland"), (TSX VENTURE:RL) announces that it has completed its non-brokered private placement financing for gross proceeds of $850,000 through the sale of17 million flow-through units of the Company ("FT Unit"), at $0.05 per FT Unit, with each FT Unit consisting of one (1) Common Share issued on a flow-through basis within the meaning of the Income Tax Act (Canada) and one-half of one (1) non-transferrable Warrant. Each whole Warrant will be exercisable at $0.10 into one (1) additional common share for a period of 12 months. The offering was originally announced on October 22nd. The offering was fully subscribed. |
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| Source:http://www.marketwired.com/mw/release.do?id=1961967&sourceType=3 |
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