Rokmaster Increases Size of Private Placement
Rokmaster Increases Size of Private
Placement
TSXV: RKR
Frankfurt
: 1RR
OTC Pink: RKMSF
VANCOUVER
,
May 19, 2020
/CNW/ - Rokmaster Resources Corp. (the "Company") is pleased to
report that the non-brokered, non-flow-through unit private placement (as detailed in the Company's
news release dated
April 27, 2020
) (the "Non-Flow-Through Private Placement"), has been
increased from up to
$2 million
to up to
$2.5 million
as a result of investor demand. The increase in
size of the Non-Flow-Through Private Placement is subject to TSX Venture Exchange approval.
All securities issued from the Non-Flow-Through Private Placement are to fund exploration
expenditures for the Revel Ridge Project as well as for working capital purposes.
For additional information on the Company, the aforementioned private placements or the
Company's projects, please visit the Company's website
www.rokmaster.com
or telephone (604)
290-4647.
On behalf of the Board of Directors,
"John Mirko"
John Mirko
, President and Chief Executive Officer
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.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:
This news release may contain forward-looking information within the meaning of applicable
securities laws ("forward-looking statements"). Forward-looking statements are statements that are
not historical facts and are generally, but not always, identified by the words "expects," "plans,"
"anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that
events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in
this news release include the anticipated date of closing of the Flow-Through Private Placement and
the first tranche of the Non-Flow-Through Private Placement, as well as the anticipated use of
proceeds from such financings. These forward-looking statements are subject to a variety of risks
and uncertainties which could cause actual events or results to differ materially from those reflected
in the forward-looking statements, including, without limitation: risks related to fluctuations in metal
prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner
and on acceptable terms; changes in planned work resulting from weather, logistical, technical or
other factors; the possibility that results of work will not fulfill expectations and realize the perceived
potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes
or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated
expenses in the work program; the risk of environmental contamination or damage resulting from
Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks
only as of the date it is made and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any forward-looking statement, whether as a
result of new information, future events or results or otherwise.
SOURCE
Rokmaster Resources Corp.
View original content:
http://www.newswire.ca/en/releases/archive/May2020/20/c0976.html
%SEDAR: 00031923E
For further information:
For additional information on the Company, the aforementioned private
placements or the Company's projects, please visit the Company's website www.rokmaster.com or
telephone (604) 290-4647
CO: Rokmaster Resources Corp.
CNW 01:08e 20-MAY-20