Business / WORLD

Rocky Shore closes final financing tranche for Newfoundland exploration

The final tranche raised C$1.978 million gross, bringing the private placement total to C$5.205 million.

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Rocky Shore Gold announced on October 15 the final closing of its private placement to fund exploration at projects in central Newfoundland. It sold 13,186,170 flow-through units at C$0.15 each in the final tranche, raising C$1,977,925.50 gross.

Across both tranches, the placement totaled 34,702,504 units and C$5,205,375.60 gross. The company said proceeds would fund exploration and advancement of its central Newfoundland projects; the financing closing is not a new drilling or discovery result.

Data

Key figures

Gross proceeds in the final financing tranche

Gross amount raised from the sale of 13,186,170 flow-through units.

Final-tranche gross financing proceeds
1.978 million CAD
2026-10-15 · Observed
Methodology

Company-reported C$1,977,925.50 gross proceeds expressed in millions of Canadian dollars; fees and expenses are not deducted.

Updated:

Timeline

Gross proceeds in the final financing tranche

Gross amount raised from the sale of 13,186,170 flow-through units.

  1. · Occurred

    Final private-placement tranche closed

    Gross proceeds across both tranches totaled C$5,205,375.60; proceeds are allocated to central Newfoundland projects.

Methodology

Company-reported C$1,977,925.50 gross proceeds expressed in millions of Canadian dollars; fees and expenses are not deducted.

Updated:

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  • Canada · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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Data included