VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 25, 2015) - Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce that it has closed the private placement with its largest shareholder, Strategic Metals Ltd., as originally announced on March 20, 2015. The private placement consisted of the sale by Rockhaven of 21,000,000 common shares at a price of $0.21 per share, for total consideration of $4,410,000. All of the securities issued pursuant to this private placement are subject to a hold period which will expire on July 26, 2015.
The proceeds from the private placement will be used to finance additional exploration at Rockhaven's 100% owned Klaza gold-silver property and as general working capital.
Strategic Metals Ltd. now holds 48,847,500 Rockhaven shares, representing 46.59% of the 104,838,334 shares of Rockhaven currently issued and outstanding.
About Rockhaven Resources Ltd.
Rockhaven is a gold-silver exploration company with a portfolio of 100% owned projects located in Yukon Territory. Its principal project, the Klaza Property, hosts an initial inferred mineral resource estimate as reported in January 2015. For additional information related to Rockhaven or its various exploration projects please visit Rockhaven's website at www.rockhavenresources.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contact
Rockhaven Resources Ltd. Matthew Turner CEO and Director (604) 688-2568 mturner@rockhavenresources.com www.rockhavenresources.com
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