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ROK Resources Inc V.ROK

Alternate Symbol(s):  ROKRF | RKRWF | V.ROK.WT

ROK Resources Inc. is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. The Company’s diversified asset base in both Southeast Saskatchewan and Alberta is weighted to light crude with opportunities for natural gas development in the Kaybob area of Alberta. Its core assets include Southeast Saskatchewan, which comprises oil weighted conventional Frobisher and unconventional Midale prospects and covers over 131,000 net acres, and Kaybob Alberta, a gas weighted, stacked multi-zone reservoir with upside locations in the Cardium, Montney, Bluesky and Dunvegan formations. The Company covers over 75,000 gross (45,000 net) acres in Kaybob.


TSXV:ROK - Post by User

Post by smallcinvestoron Jan 03, 2025 11:33am
74 Views
Post# 36386190

ROK... EMPS investment

ROK... EMPS investment
C:EMPS - EMP Metals Corp. - https://www.empmetals.com/

Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
EMPS - C   0.5 0.435 · 0.45 4.5 0.445 +0.005 1.1 0.5 0 2 0.445  0.445  0.445 0.58  0.28 09:30:00 Dec 27

17850000 × .44 = $7,854,000
 About .0358 /ROK share
Or  about 60% of the debt


Terms of the share exchange agreement

Under the terms of the share exchange agreement, ROK will exchange its 25 common shares of Hub City Lithium to EMP Metals in consideration of 17,085,000 common shares of EMP. The common shares issued to ROK will be subject to the following escrow provisions: (i) 50 per cent of the common shares will be restricted for a period of 24 months following closing of the transaction, and (ii) the remaining 50 per cent of the common shares will be restricted for 36 months following closing of the transaction.

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