Rockhaven Resources Ltd. Announces Private Placement of up to $1,650,000
VANCOUVER, September 8, 2021 - Rockhaven Resources Ltd. (TSXV:RK) ("Rockhaven" or the "Company") announces a non-brokered private placement (the "Offering") to raise gross proceeds of up to $1,650,000. The private placement will consist of the sale of up to 15,000,000 common shares at a price of $0.11 per share. The proceeds from the Offering will be used for working capital purposes.
No finders' fees or brokers' commissions are expected to be paid in respect of the Offering.
The Offering is scheduled to close on or about September 30, 2021 and is subject to certain conditions including, but not limited to, the receipt of TSX Venture Exchange acceptance. All securities issued pursuant to the Offering will be subject to a hold period in Canada of four months plus one day from closing.
About Rockhaven
Rockhaven Resources Ltd. is a well-funded explorer focused on the exploration and development of its 100%-owned, camp-scale Klaza Property, which hosts the Klaza Deposit and numerous lightly explored exploration targets. Rockhaven has completed a mineral resource estimate and a preliminary economic assessment on the Klaza deposit (see Klaza Property Technical Report with an effective date of July 10, 2020 and titled, "Technical Report and Preliminary Economic Assessment Update for the Klaza Property, Yukon, Canada" which can be viewed at www.sedar.com under the Rockhaven profile or on the Rockhaven website at www.rockhavenresources.com).
Matthew Turner
President, CEO and Director
Rockhaven Resources Ltd. -
T:604-687-2522
mturner@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.
Information contained in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Rockhaven cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the control of Rockhaven. Such factors include, among other things: risks and uncertainties relating to exploration and development and the results thereof, the ability of Rockhaven to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in Rockhaven's financial statements available under the Rockhaven profile at www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Rockhaven undertakes no obligation to publicly update or revise forward-looking information.
SOURCE: Rockhaven Resources Ltd.
View source version on accesswire.com:
https://www.accesswire.com/663226/Rockhaven-Resources-Ltd-Announces-Private-Placement-of-up-to-1650000