Investor Resources
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ROK Resources Announces Bolt-On Acquisition
April 1, 2021
ROK Resources Inc. is pleased to announce that it has entered into a Purchase and Sale Agreement, dated March 26, 2021 (the “Purchase Agreement“) to acquire certain producing oil and gas assets (the “Assets“) in Southeastern Saskatchewan. Closing of the acquisition is expected to occur on or about April 30, 2021 with an effective date of April 1, 2021, subject to the completion of a financing transaction to provide funding to purchase the Assets, as well as the receipt of any necessary regulatory approvals, including, without limitation, any required approvals of the TSX Venture Exchange. Total consideration for the acquisition is $1,500,000 in cash and 2,000,000 Class B Common Shares of ROK.
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