Rockland Resources Announces Share Consolidation

Rockland Resources Ltd. has confirmed the consolidation of its common shares, effective as markets open on December 3, 2024. This move follows an announcement made on November 18, 2024. The consolidation will occur on a five-to-one basis, meaning shareholders will receive one new share for every five existing shares. Approximately 14,779,558 shares will remain outstanding post-consolidation, assuming no other capital changes.

All shareholders, stock options, and warrants will be affected uniformly by this consolidation. Adjustments to the number, exchange basis, or exercise price of stock options and warrants will occur to reflect this change. Despite the consolidation, Rockland's name and trading symbol on the Canadian Securities Exchange will remain unchanged, continuing as "RKL", though with new ISIN and CUSIP numbers.