Rockshield Capital Corp. (OTCPK:RKSC.F) announced a non-brokered private placement of up to 40,000,000 units at an issue price of CAD 0.075 per unit for gross proceeds of up to CAD 3,000,000 on January 11, 2021. Each unit consist of one common share and one common share purchase warrant. Each will entitle the holder to purchase one additional share at an exercise price of CAD 0.15 for a period of two years from the date of issuance. In connection with the transaction, the company may pay finders' fee within the amount permitted by the policies of the Canadian Securities Exchange. Closing of the transaction is subject to several conditions, including receipt of all necessary corporate and regulatory approvals, including the Exchange. All securities issued in connection with the transaction will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The transaction is not subject to a minimum aggregate amount of subscriptions.