TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Rocky Shore Gold Ltd. (âRocky Shoreâ or the âCompanyâ) (CSE: RSG) announces that it is undertaking a non-brokered private placement (the âOfferingâ) to raise aggregate gross proceeds of up to $1,500,000 through the sale of a combination of units (âUnitsâ) at a price of $0.05 per Unit and common shares of the Company (âCommon Sharesâ) that qualify as âflow-through sharesâ (as defined in subsection 66(15) of the Income Tax Act (Canada)) (âFT Sharesâ) at a price of C$0.05 per FT Share.
Related Questions
How will the dilution from issuing up to $1.5âŻmillion in new units and FT shares affect existing shareholders?
What is the expected price impact on RSGâs stock once the private placement is announced and when it closes?
How does the $0.05 per unit pricing compare to Rocky Shoreâs recent trading range and to similar financing deals in the sector?
What proportion of the $1.5âŻmillion will be raised via flowâthrough shares versus regular units, and what tax benefits does the FT component provide investors?
Will the proceeds be used for specific projects (e.g., exploration, acquisition) and how might that influence the companyâs nearâterm cashâflow and longâterm valuation?
What is the timeline for closing the private placement and any associated lockâup or redemption provisions?
How does this financing round affect Rocky Shoreâs capital structure and leverage ratios?
Are there any covenants or restrictions attached to the private placement that could impact future financing flexibility?
What is the marketâs perception of the companyâs need for capitalâdoes this suggest liquidity stress or growth opportunities?
How might the issuance of flowâthrough shares impact the companyâs eligibility for future Canadian tax incentives or SR&ED credits?