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Vancouver, British Columbia TheNewswire - January 9, 2026 - Rockland Resources Ltd. (the "Company" or "Rockland") (CSE: RKL,OTC:BERLF) (OTCQB: BERLF) (FSE: GB2) announces that it has engaged Chibougamau Drilling with a base in Red Lake for the upcoming drill program at the Company's flagship Cole Gold Mines project located in the prolific Red Lake District, Ontario. Chibougamau Drilling is very familiar with Red Lake having drilled extensively at the very successful Great Bear deposit over the years.
The initial drill program will consist of approximately 3,000 meters and is expected to commence later this month.
The Company further announces it has arranged a non-brokered private placement of up to 12 million units ("Units") at a price of $0.10 per Unit for aggregate gross proceeds of $1,200,000.00 (the "Offering"). Each Unit will be comprised of one common share ("Share") and one transferable Share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 36-month period after the Closing Date at an exercise price of $0.15 per share. Net proceeds of the Financing will be used to advance the Corporation's Cole Gold Mines project in Red Lake, Ontario and for general working capital purposes.
Shares issued pursuant to the Financing will be subject to a four-month hold period according to applicable securities laws of Canada.
Finders' fees may be payable on the private placement, subject to the policies of the Canadian Securities Exchange.
Qualified Person:
Rockland's disclosure of a technical or scientific nature in this news release were reviewed and approved by Danae Voormeij, P. Geo., who is a registered professional geoscientist with Engineers and Geoscientists British Columbia (EGBC) since 2007. Ms. Voormeij serves as the Qualified Person under the definition of National Instrument 43-101 as well as Rockland Resources newly appointed Chief Geologist.
About Rockland Resources Ltd.
Rockland Resources is committed to unlocking value through focused mineral exploration and discovery. The company's flagship project is the historic Cole Gold Mines project in the prolific Red Lake district of Ontario. By leveraging geological expertise, disciplined exploration and strategic project development, Rockland Resources aims to deliver meaningful growth and long-term value to its shareholders. Additionally, Rockland has a portfolio of beryllium properties in Utah that it is determining next moves on.
We seek Safe Harbor.
On Behalf of the Board of Directors
Michael England, CEO & Director
For further information, please contact:
Mike England
Email: mike@engcom.ca
Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).
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