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RKL.CN ·

Rockalnd Resources Closes Private Placement

Financings

ROCKLAND RESOURCES CLOSES PRIVATE PLACEMENT

Vancouver, British Columbia, March 21 , 2024 Rockland Resources Ltd . (the "Company" or

"Rockland") (CSE: RKL) announces that further to t he news releases dated March 14, 2024 and

March 15, 2024, the Company has closed its non-brokered private placement of 4,500,000

("Units") at a price of $0.025 per Unit for aggregate gross proceeds of $112,500 (the "Offering").

Each Unit will be comprised of one common share ("Share") and one -half of one transferable

Share purchase warrant of the Company ("Warrant"). Each whole Warrant will entitle the

Subscriber to purchase one Warrant Share for a 24-month period after the Closing Date at an

exercise price of $0.05 per share. Proceeds raised from the Offering will be used for general and

administrative purposes.

About Rockland Resources Ltd.

Rockland Resources is engaged in the business of mineral exploration and the acquisition of

mineral property assets for the benefit of its shareholders. Rockland is focused on its d istrict

scale (41,520 acres) land position prospective for lithium in mining friendly Utah, USA. Other

assets include an option on the 41,818-hectare Elektra claystone project concessions that are

located in Sonora, Mexico as well as an option to earn a 100 -per-cent interest in the Cole Gold

Mines property, located in Ball township, Red Lake mining division, Ontario. The Cole Property

hosts high -grade gold mineralization in a classic Red Lake -type structurally controlled gold

deposit environment.

On Behalf of the Board of Directors

Mike England

CEO and Director

For further information, please contact:

Mike England

Email: [email protected]

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility

for the adequacy or accuracy of this release.