Rock Edge Resources Ltd. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.05 per unit for aggregate gross proceeds of up to CAD 200,000 as well as a non-brokered Critical Minerals flow through private placement of up to 3,000,000 units of the company at a price of CAD 0.07 per FT Unit for aggregate gross proceeds of up to CAD 210,000 for total proceeds of CAD 410,000 on June 14, 2023. Each unit will be comprised of one common share and one transferable share purchase warrant of the company. Each warrant will entitle the holder to purchase one share of the company at a price of CAD 0.08 per share for a period of 24 months from the date of issuance.

Each Critical Minerals FT Unit consists of one flow through share of the company and one transferable non-flow-through share purchase warrant of the company. Each non-flow-through share purchase warrant will entitle the holder to acquire an additional Share of the Company at a price of CAD 0.10 per share for a period of 24 months from the date of issuance. The shares, warrants and non-flow through warrants and shares underlying the warrants and non-flow through warrants will be subject to a four-month-and-one-day statutory hold period from the date of issuance.