Rock Edge Closes Critical Minerals Flow-Through Private Placement
Summary
Each whole NFT Warrant will enable the holder to acquire an additional Share at a price of $0.10 per Share for a period of 24 months from the date of issuance.Proceeds raised will be used to advance the Companys Superb Lake Lithium Property and the Maun and Terrier Lithium properties located in the Great Lakes region of northern Ontarios emerging premier lithium mineral district.The gross proceeds from the FT Units will be utilized for incurring "Canadian exploration expenses" and "flow-through critical mineral mining expenditures" as defined in the Income Tax Act (Canada).Finders fees of $6,400 in cash and 128,000 broker warrants were paid to arms length parties.Shares issued pursuant to the Financing will be subject to a four-month and one-day hold period according to applicable securities laws of Canada.The Company would also like to announce the extension of its non-brokered non-flow-through private placement ("NFT Units") press release on July 23, 2023. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.Rock Edge Resources Ltd. is focused on acquiring and exploring mineral property assets, with a specific emphasis on the Northwestern Ontario Lithium belt and the province of Quebec. With the support of the Ontario governments Critical Minerals Strategy, Rock Edge is poised to take advantage of the growing demand for these essential minerals and contribute to the regions economic growth.On Behalf of the Board of DirectorsCharles DesjardinsChief Executive Officer and DirectorPhone #604-808-3156Email: info@rockedgeresources.comThe Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.This news release contains "forward-looking statements" and "forward looking information" (as defined under applicable securities laws), based on managements best estimates, assumptions, and current expectations. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts", "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the receipt of all necessary regulatory and third party approvals for the proposed operations of the Companys business and exploration activities, risks related to the Companys exploration properties; risks related to international operations; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of commodities including lithium and gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in reserves; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in jurisdictions in which the Company operates.