Rokmaster Closes $300,850 Final Tranche of Private Placement
April 6, 2017
(Vancouver, April 6, 2017) - Rokmaster Resources Corp. (the "Company") is pleased to announce that it has closed the final tranche of its non-brokered private placement with the issuance of 6,017,000 units at a price of $0.05 per unit for gross proceeds of $300,850. Each unit is comprised of one common share of the Company and one non-transferable common share purchase warrant exercisable to purchase one additional common share of the Company at a price of $0.06 for a period of two years expiring April 5, 2019 and subject to an acceleration clause as more detailed in the Company's news release dated November 2, 2016.
All securities issued pursuant to the final tranche are subject to a four month hold period expiring August 6, 2017. Proceeds from this private placement will be used to fund initial exploration work related to the Company's Duncan Lake Zinc-Lead Project and for general working capital purposes.
Other Corporate Updates
- The Company announces the trading of its securities on the OTC Pink under the symbol RKMSF.
- Comprehensive structural geological studies and historical data interpretation has begun in preparation for drill hole targeting at the Company's Duncan Lake Zinc-Lead Project.
For additional information on the Company and its projects, please visit the Company's website www.rokmaster.com or call (604) 632-9602.
On behalf of the Board of Directors,
John Mirko, President and Chief Executive Officer.
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.