Rockhaven Resources Ltd. Announces Private Placement of up to $5,000,000
1
1016 – 510 West Hastings Street
Vancouver, BC V6B 1L8
604-687-2522
www.rockhavenresources.com
ROCKHAVEN RESOURCES LTD. ANNOUNCES PRIVATE PLACEMENT OF UP TO $5,000,000
July 23, 2020 – Rockhaven Resources Ltd.. (TSX -V: RK) (“Rockhaven ” or the “Company”) announces a
non-brokered private placement (the “Offering”) to raise gross proceeds of up to $5,000,000.
The private placement will consist of the sale of up to 17,543,860 flow-through units at a price of $0. 285
each to raise gross proceeds of up to $ 5,000,000. Each flow -through unit will consist of one flow -through
common share and one-half (1/2) of one common share purchase warrant, with each whole warrant to entitle
the holder to purchase one non -flow-through common share at a price of $0. 29 for a period of 24 months
following the closing of the Offering.
The proceeds from the Offering will be used primarily to fund exploration activities at Rockhaven’s Klaza
property in the Yukon . The gross proceeds raised f rom the issuance of flow-through units will be used for
“Canadian exploration expenses” and will qualify as “flow -through mining expenditures” as defined in the
Income Tax Act (Canada), with those gross proceeds to be renounced to the initial purchasers of the flow-
through units with an effective date no later than December 31, 2020.
The Company may pay finders’ fees or brokers’ commissions in respect of the Offering in accordance with
TSX Venture Exchange policies.
The Offering is scheduled to close on or about August 20, 2020 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 mineral exploration company focused on growth through the advancement
of its Klaza project. For additional information concerning Rockhaven or its Klaza project please visit
Rockhaven’s website at www.rockhavenresources.com.
Matthew Turner
President, CEO and Di rector
Rockhaven R esources Ltd.
T:604-687-2522
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.