Ned Goodman Subscribes for $700,000 of Latest Rockland Minerals Private Placement

Rockland Minerals (TSXV:RL) has completed a non-brokered private placement financing for gross proceeds of $850,000. Ned Goodman, president and CEO of Dundee Capital Markets (TSX:DCM) was also approved as a control person. Rockland intends to use proceeds from the financing for exploration of its Quebec properties.

As quoted in the press release:

Shareholders holding more than 50% of common shares of Rockland Minerals approved Mr. Ned Goodman as a “Control Person” (as defined by the policies of the TSX Venture Exchange) by way of consent resolution. Mr. Ned Goodman subscribed for $700,000 or 14,000,000 Units of the offering. Mr. Goodman’s common share position equates to 23.27% on an undiluted basis and 30.58% on a diluted basis.

Click here to read the Rockland Minerals (TSXV:RL) press release