On October 7, 2025, Rocky Shore Gold Ltd. (the “Company”), a Canadian exploration company with a 100% ownership interest in the Gold Anchor Project located in central Newfoundland, completed its non-brokered private placement of units (“Non-FT Units”) and flow-through common shares of the Company (within the meaning of the Income Tax Act (Canada)), for aggregate gross proceeds of $2.5 million. Each Non-FT Unit was comprised of one common share of the Company (issued on a non-flow-through basis) (a “Common Share”) and one-half of one share purchase warrant, with each whole warrant entitling the holder thereof to acquire one additional Common Share at an exercise price of $0.10 for a period of three years from the date of issuance.
Cassels acted for Rocky Shore Gold Ltd.