Roland Mineral Enterprises Corp. has closed its previously announced private placement financing, issuing 17,777,770 units at $0.135 per unit for gross proceeds of $2,400,000.

Each unit consists of one common share and one five-year transferable warrant, with each warrant entitling the holder to purchase an additional share at $0.175. The offering includes $277,000 issued on a flow-through basis through 2,051,850 flow-through units, entitling holders to receive applicable tax benefits under the Income Tax Act (Canada).

An insider participated in the financing for 185,185 units, representing 1.04% of the total amount raised. This participation constitutes a related party transaction under TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101, with Roland relying on exemptions from formal valuation and minority approval requirements because the fair market value does not exceed 25 per cent of the company's market capitalization. Roland's independent directors reviewed and approved the subscription.

Proceeds from the financing will be allocated to debt payment, working capital, business development, and the exploration and development of the company's mineral properties. TAC Capital Corp. received a cash finder’s fee of $182,000, representing 8% of the gross proceeds from a portion of the financing. The terms of the financing have been accepted for filing by the TSX Venture Exchange, and all securities issued are restricted from trading until December 14, 2026.

Roland holds a portfolio of gold, silver, copper, platinum, palladium, and lithium assets in Canada and the Americas, including the Dominion Creek Dredge Gold project in the Yukon Territory, the Gwyn Lake Gold project in Ontario, the Buck Lake platinum-palladium-nickel-copper project in Ontario, and a controlling interest in the Fox Creek Lithium Brine Project in Alberta. The company also commenced a Venezuela Mineral Rights Acquisition Program on March 27, 2026, to pursue mineral rights in Venezuela.

Read the full announcement: $2,400,000 Financing Closed