Rock Edge Resources Ltd. announced a non-brokered private placement of 15,000,000 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 450,000 on January 29, 2024. Each unit consists of one common share of the company and one share purchase warrant, entitling the holder to acquire an additional common share of the company at a price of CAD 0.06 for a period of 24 months from the date of issuance. The common shares, share purchase warrants and shares underlying the share purchase warrants will be subject to a four-month-and-one-day statutory hold period from the date of issuance.

Closing of the offering remains subject to the receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange.