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Rockland Resources begins Listing Process for OTCQB Exchange



Rockland Resources Ltd.

Vancouver, British Columbia – TheNewswire - Feb 20, 2025, Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL), announces it has begun the listing process to have its shares posted for trading on the OTCQB Venture Market operated by the OTC Markets Inc.

"Adding quotations on the OTCQB is anticipated to increase exposure and accessibility in the United States" commented Mike England, CEO of Rockland. "Given Rockland’s focus on beryllium, gallium and rubidium in the Spor Mountain area of Utah, our goal in cross-listing the company's securities is to expand our shareholder base and liquidity while making the shares more accessible to investors globally."

OTCQB Venture Market

The OTCQB Venture Market provides an established platform for early-stage and growth companies to enhance their visibility in the U.S. market. Companies listed on OTCQB must meet rigorous reporting standards, undergo annual verification and comply with management certification requirements, providing investors with a trusted market for trading. The company's shares will also be eligible for electronic clearing and settlement in the United States through the Depository Trust Company (DTC).

Depository Trust Company

DTC eligibility reduces costs and accelerates the settlement process for investors and brokers in the United States, allowing the shares to be traded more easily across a wider range of U.S. brokerage firms by fulfilling their compliance requirements.

Rockland Resources Ltd. recently announced (see PR dated December 17th, 2024) with regards to concerns on the recent ban of Gallium from China, that it is pleased to report the widespread anomalous gallium (Ga) values (up to 39.3 parts per million (ppm) Ga) and Rubidium (Rb) values (up to 1,420 ppm Rb) from its Beryllium Butte project, located in Juab county, Utah.

Uses of Beryllium: Beryllium is primarily used in Aerospace technologies: aircraft structures, rockets, optical systems, nuclear industry and military applications including missiles; gyroscopes, telescopes; scientific instrumentation and medical devices. 

Uses of Gallium: Gallium is primarily used in the production of brilliant mirrors and in liquid thermometers. In the form of Gallium arsenide (GaAs), this compound is used to produce LEDs for numerous devices such as smartphones and calculators, because it has the ability to convert electricity directly to light. 

Uses of Rubidium: Rubidium is used in vacuum tubes as a getter, a material that combines with and removes trace gases from vacuum tubes. It is also used in the manufacture of photocells and in special glasses. Since it is easily ionized it is used as a propellant in ion engines on spacecraft. 

Rockland Chief Executive Officer Mike England states: “With certain rare earth’s and critical metals hitting all time highs Rockland Resources is positioned extremely well within the Utah Basin and Range Province for success due to the demand and recent news from China and the ban of these exports globally”.

Qualified person

Rockland’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by David Taff, P.Geo., who serves as a qualified person under the definition of National Instrument 43-101.

About Rockland Resources Ltd.

Exploring for tomorrow’s technology – Rockland Resources is advancing critical metals exploration, specializing in beryllium and lithium at its strategically located Beryllium Butte project in the Spor Mountain region of Utah, USA.

On Behalf of the Board of Directors

Michael England, CEO & Director

For further information, please contact:

Mike England
Email:
mike@engcom.ca

 

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

 

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).