Rokmaster Closes Acquisition of the Duncan Lake Zinc-Lead Property
ROKMASTER RESOURCES CORP.
1601-675 West Hastings Street
Vancouver, British Columbia V6B 1N2
TSXV: RKR
For Immediate Release NR-01-2017
ROKMASTER CLOSES ACQUISITION OF
THE DUNCAN LAKE ZINC-LEAD PROPERTY
(January 23, 2017, Vancouver, B.C., Canada) - Rokmaster Resources Corp. (“Rokmaster” or the
“Company”) is pleased to announce that it has closed the acquisition of a 100% interest in the Duncan
Lake Zinc-Lead Property located in the Slocan Mining Division in southeast British Columbia, Canada
(the “Property”) pursuant to a property purchase agreement dated November 2, 2016 (the “Purchase
Agreement”).
Under the Purchase Agreement, Rokmaster issued the following aggregate consideration to the vendors at
closing in exchange for the Property:
(1) an aggre gate of 12,000,000 common shares of the Company (“ Common Shares”) which are
subject to a hold period of four months and one day expiring May 18, 2017;
(2) an aggregate of 12,000,000 Series A Special Warrants that have a term of 10 years, with each
Series A Special Warrant being automatically exercised into one Common Share upon the
Company receiving a technical report identifying a mineral resource or mineral reserve estimate
totalling a minimum of 3 million tonnes of 6% combined lead and zinc equivalent;
(3) an aggregate of 12,000,000 Series B Special Warrants that have a term of 15 years, with each
Series B Special Warrant being automatically exercised into one Common Share upon the
Company receiving a technical report identifying a mineral resource or mineral reserve estimate
totalling a minimum of 6 million tonnes of 6% combined lead and zinc equivalent;
(4) an aggregate of 12,000,000 Series C Special Warrants that have a term of 20 years, with each
Series C Special Warrant being automatically exercised into one C ommon Share once the
Property commences commercial production; and
(5) a 2.5% net smelter returns royalty on gold, silver, lead and zinc bearing ores produced from the
Property.
All of the aforementioned Special Warrants (the “ Special Warrants ”) are subject to an accelerated
exercise provision that would result in the Special Warrants being exercised automatically into Common
Shares. The conditions of the accelerated exercise provision and the Property’s history are more detailed
in the Company’s news release dated November 2, 2016.
For additional information on the Company and the Property , please visit the Company’s website
www.rokmaster.com or call (604) 632-9602.
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On behalf of the Board of Directors of
ROKMASTER RESOURCES CORP.
“John Mirko”
John Mirko, President & Chief Executive Officer
Neither the TSX V nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this
release.