Rokmaster Acquires Additional Mineral Titles at the Revel Ridge Project

2020-04-20 / @newswire

 

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VANCOUVER, April 20, 2020 /CNW/ - Rokmaster Resources Corp. (or the "Company") reports that it has expanded the current land package of Crown Grant Lots and Mineral Claims making up the Revel Ridge Project from 2,933 hectares to 5,115 hectares. The land package was expanded by acquiring 100% of two strategic and previously unavailable mineral claims adjoining the eastern edge of the original Revel Ridge Property from an arm's length party for CDN$25,000 cash, with no royalties or additional commitments. Additional ground was acquired by staking from the Province of British Columbia. The expanded area will now facilitate the Company's future exploration and development requirements of the Revel Ridge Project.

In Addition, the Company has granted 1,450,000 stock options to directors, officers, consultants and advisors of the Company under the Company's stock option plan, at an exercise price of $0.15 per common share.

On behalf of the Board of Directors,

"John Mirko"

John Mirko, President and Chief Executive Officer.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS:

This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

SOURCE Rokmaster Resources Corp.

Cision View original content: http://www.newswire.ca/en/releases/archive/April2020/20/c5874.html

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