Rockhaven Resources Ltd. Announces Private Placement
Press Release
August 2, 2019 – Vancouver, B.C. – Rockhaven Resources Ltd. (TSX-V: RK) (“Rockhaven” or the “Company”) announces a private placement to consist of the sale of the following securities:
- up to 7,000,000 units at a price of $0.12 each, to raise gross proceeds of up to $840,000, each unit to consist of one common share and one share purchase warrant, with each warrant to entitle the holder to purchase one additional common share at a price of$0.20 for a period of 60 months from closing; and,
- up to 18,000,000 structured flow-through units at a price of $0.17 each, to raise gross proceeds of up to $3,060,000, each structured flow-through unit to consist of one flow-through common share and one share purchase warrant, with each warrant to have the same terms as disclosed in (a) above.
The proceeds from this private placement will be used to finance further exploration at the Company’s Klaza Project, and for working capital purposes.This placement is subject to regulatory acceptance.
All securities issued pursuant to the private placement, including any shares that may be issued pursuant to the exercise of the share purchase warrants, will be subject to a hold period in Canada of four months and one day from closing.Finders’ fees may be paid on a portion of the funds raised.
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 Director
Rockhaven Resources Ltd.
T: (604) 687-2522
mturner@rockhavenresources.com
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