Rocky Shore Gold Concludes Final Phase of Oversubscribed Private Placement

Rocky Shore Gold Ltd., a Canadian junior exploration company, has successfully closed the final tranche of its non-brokered private placement. The company secured C$1,283,812.51 through the issuance of 7,336,071 units priced at C$0.175 per unit. Each unit includes one common share and one warrant, allowing the purchase of an additional share at C$0.30 until 2029. Overall, the private placement yielded approximately C$6,081,975.

Ken Lapierre, President and CEO, expressed optimism about the exploration program at the Gold Anchor Project in Newfoundland. Initiatives include a winter drill program at the Lane Pond Gold Target and a summer drill program at the Mosquito Hill and Reid deposits. The raised funds will support corporate purposes and project advancement.

In connection with this placement, Rocky Shore issued 376,200 finder's warrants, exercisable until 2027, and subject to Canadian securities laws.