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Rockhaven Resources Closes $1 Million Private Placement to Fund Klaza Project

The latest announcement is out from Rockhaven Resources ( ($TSE:RK) ).

Rockhaven Resources Ltd. has successfully closed a non-brokered private placement, raising $1,000,000 through the sale of 16,666,667 units. Each unit comprises one common share and one share purchase warrant, allowing the holder to purchase an additional share at $0.10 until 2027. This funding, which involved participation from insiders such as director Brad Thrall and Condire Resource Master Partnership, will support further exploration at the Klaza Gold-Silver Project and general working capital. The closing of this offering reflects Rockhaven’s ongoing commitment to resource development and exploration in the Yukon, with potential implications for its market positioning and stakeholder interests.

More about Rockhaven Resources

Rockhaven Resources Ltd. is a company focused on advancing its wholly-owned Klaza Property, which features the Klaza Deposit and several lightly explored exploration targets. The company has conducted a mineral resource estimate and a preliminary economic assessment on the Klaza deposit, situated in the Dawson Range Gold Belt of southern Yukon.

YTD Price Performance: -27.00%

Average Trading Volume: 119,971

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$21.37M

For a thorough assessment of RK stock, go to TipRanks’ Stock Analysis page.

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