Rokmaster Files Pea Technical Report For The Revel Ridge Project
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VANCOUVER, Feb. 12, 2024 - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or the "Company") is pleased to announce the completion and filing of a technical report, prepared in accordance with National Instrument 43-101, for its previously announced Preliminary Economic Assessment ("PEA") for its Revel Ridge Project, located in the Revelstoke area of southeastern British Columbia.
A summary of the PEA results was announced in Rokmaster's news release dated December 29, 2023. The report titled "Revel Ridge Project, NI 43-101 Technical Report and Preliminary Economic Assessment" (the "Technical Report") has been filed on SEDAR+ and can be viewed at www.sedarplus.ca under Rokmaster's profile. A copy of the Technical Report will also be available on Rokmaster's website at www.rokmaster.com.
The Company also announces that it intends to extend the exercise period by one year for 2,000,000 share purchase warrants ("Warrants") issued in connection with a non-brokered private placement financing on February 16th, 2023. The Warrants have an original expiry date of February 16, 2024. All other terms and conditions of the Warrants remain unchanged including its exercise price of $0.175. The Warrant extension is subject to acceptance by the TSX Venture Exchange.
On Behalf of the Board of Directors of
John Mirko
President & Chief Executive Officer.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: receipt of regulatory approvals; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing, for working capital and to fund the planned work, in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties as disclosed in the information circular mailed to Shareholders in connection with the Meeting to approve the Arrangement. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
SOURCE Rokmaster Resources Corp.
Contact
Mr. John Mirko, CEO of Rokmaster, jmirko@rokmaster.com, Ph. 1-604-290-4647 or visit the Company's website at: www.rokmaster.com; For Shareholder information please contact: Mike Kordysz, mkordysz@rokmaster.com, Ph. +1 (604) 319-3171