Rocky Shore Gold Embarks on Private Placement to Raise $5 Million

Rocky Shore Gold Ltd. has announced a non-brokered private placement aiming to secure up to $5,000,000. The funds will be raised through the sale of flow-through common shares, priced at C$0.15 per share. Proceeds are slated for exploration and advancement projects in central Newfoundland.

The placement involves a hold period of four months and one day, as per Canadian securities laws. Finder's fees may be applicable for eligible finders. Additionally, insiders may participate under regulatory exemptions, thus navigating related party transaction rules without breaching market capitalization thresholds.

This offering is not registered in the U.S., adhering to the rules of the U.S. Securities Act of 1933. Furthermore, Ken Lapierre, President and CEO, has ratified the technical disclosure.