Rock Edge Resources Completes Initial Public Offering and Lists on the Canadian Securities Exchange
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
ROCK EDGE RESOURCES LTD.
615 – 800 West Pender Street
Vancouver, British Columbia V6E 4H1
Rock Edge Resources Completes Initial Public Offering and Lists
on the Canadian Securities Exchange
Vancouver, British Columbia, April 6, 2022 : Rock Edge Resources Ltd . (the "Company"
or "Rock Edge") (CSE: REDG) is pleased to announce that , on April 6, 2022 , it completed its
initial public offering (the "IPO") of 3,700,000 common shares in its capital ( each, a "Share"),
200,000 of which were sold pursuant to an over -allotment option, at a price of $0.10 per Share
for gross proceeds of $370,000. The net proceeds from the IPO will be used for working capital
and to carry out exploration of the Company's Stockwork Project, which covers an area of
approximately 645 hectares approximately 65 kilometres southeast from Vernon, British
Columbia, Canada, within the Vernon Mining Division.
Pursuant to an agency agreement dated March 14, 2022 with the Company, Research Capital
Corporation acted as agent (the "Agent") for the IPO. In consideration for the services provided
by the Agent, the Company paid the Agent a cash commission in the amount of $37,000 and a
corporate finance fee of $25,000 plus GST. Additionally, the Company granted the Agent and
its selling group an aggregate of 370,000 compensation warrants (the "Compensation Warrant").
Each Compensation Warrant entitles the holder thereof to purchase one Share at a price of $0.10
per Share, exercisable on or before April 6, 2024.
The Shares were listed on the Canadian Securities Exchange on April 5, 2022 and are expected
to begin trading on April 7, 2022 under the symbol "REDG".
The offered securities have not been and will not be registered under the United States Securities
Act of 1933 , as amended (the "U.S. Securities Act "), or any applicable state securities laws and
may not be offered or sold in the United States or to "U.S. persons", as such term is defined in
Regulation S under the U.S. Securities Act, absent such registration or an applicable exemption
from such registration requirements. This news release shall not constitute an offer to sell or the
solicitation of an offer to buy the offered securities in any jurisdiction.
About Rock Edge Resources Ltd.
Rock Edge is engaged in the business of mineral exploration an d the acquisition of mineral
property assets in Canada. Its objective is to locate and develop economic precious and base
metal properties of merit and to conduct its exploration program on the Stockwork Project. The
Stockwork Project consists of 4 mineral claims covering an area of 645 hectares approximately
65 kilometres southeast of Vernon, British Columbia , Canada, within the Vernon Mining
Division.
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For more information, please refer to the Company's prospectus dated March 14, 2022 available
on SEDAR (www.sedar.com).
On Behalf of Rock Edge Resources Ltd.
Gary Musil
Chief Executive Officer and President
For further information, please contact:
Gary Musil
Chief Executive Officer and President
(604) 787-7356
Forward-Looking Statements:
This news release includes certain forward -looking statements and forward -looking information (collectively,
"forward-looking statements ") within the meaning of applicable Canadian securities legislation. All statements,
other than statements of historica l fact, included herein including, without limitation, statements regarding future
capital expenditures, anticipated content, commencement, and cost of exploration programs in respect of the
Company's projects and mineral properties, anticipated exploratio n program results from exploration activities,
resources and/or reserves on the Company's projects and mineral properties, and the anticipated business plans and
timing of future activities of the Company, are forward -looking statements. Although the Comp any believes that
such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but
not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "will",
"may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or
variations of such words including negative variations thereof, and phrases that refer to certain actions, events or
results that may, could, would, might or will occur or be taken or achieved. Forward -looking statements involve
known and unknown risk s, uncertainties and other factors which may cause the actual results, performance or
achievements of the Company to differ materially from any future results, performance or achievements expressed
or implied by the forward -looking statements. Such risks and other factors include, among others, statements as to
the anticipated business plans and timing of future activities of the Company, including the Company's option to
acquire the Stockwork Project, the proposed expenditures for exploration work thereon , the ability of the Company
to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and
regulatory approvals (including of the Canadian Securities Exchange ), permits or financing , changes in laws,
regulations and policies affecting mining operations, the Company's limited operating history, currency fluctuations,
title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading
"Risk Factors" in the Company's prospectus dated March 14, 202 2 and other filings of the Company with the
Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR website
at www.sedar.com.
Readers are cautioned not to place undue r eliance on forward -looking statements. The Company undertakes no
obligation to update any of the forward -looking statements in this presentation or incorporated by reference herein,
except as otherwise required by law.