on Rockhaven Resources Ltd. (isin : CA77340P1018)
Rockhaven Resources Ltd. Initiates $1 Million Private Placement
Rockhaven Resources Ltd. announced a private placement aiming to raise $1 million. This will involve the sale of 16,666,667 units at $0.06 each. Each unit comprises one common share and one warrant. Warrants allow holders to purchase an additional share at $0.10 within 36 months of closing.
The funds raised will support working capital. The offering is non-brokered, yet finder's fees may be applicable as per TSX Venture Exchange rules. Completion depends on formal documentation and necessary regulatory approvals.
Insiders may participate, qualifying as a related party transaction under TSX-V Policy 5.9 and MI 61-101. Rockhaven plans to use exemptions within MI 61-101 due to limited insider participation relative to market capitalization.
R. E.
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