Notice: As of January 27, 2017, Rockland Minerals Corp is now International Corona Capital Corp, listed on the TSX Venture Exchange - (TSXV:IC)
As of January 27, 2017, Rockland Minerals changed its name to International Corona Capital Corp. (C:IC)
Rockland Minerals was listed on the TSX Venture Exchange, Symbol RL.
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NEWS RELEASES - 2016
September 28, 2016
Rockland Minerals Returns Blue Lake Property
September 28, 2016, Vancouver, British Columbia: Rockland Minerals Corp. (TSX.V: RL) (the “Company”) has terminated the Blue Lake option agreement with La Fosse Platinum Group Inc., effective immediately. The company has returned the property in good standing. Rockland still retains exploration properties in the province of Quebec, which include the 100-per-cent-owned Retty Lake property and a majority interest in the Schefferville gold project.
On behalf of the Board
President & CEO
Rockland Minerals Corp.
May 4, 2016
Ned Goodman Appointed President and CEO
May 4, 2016, Vancouver, British Columbia: Rockland Minerals Corp. (TSX.V: RL) (the “Company”) is pleased to announce that the Board of Directors has appointed Ned Goodman as President and CEO of the Company, effective immediately.
In addition, Kanwar Herr has resigned from the board of directors. The Company’s management and board wish to acknowledge and thank Mr. Herr for his contributions since 2010 and wish him well in his future endeavors.
On behalf of the Board
President & CEO
Rockland Minerals Corp.
April 13, 2016
Rockland Minerals Announces Change of Directors and Officers and Proposed Debt Settlement
April 13, 2016, Vancouver, British Columbia: Rockland Minerals Corp. (TSX.V: RL) (the “Company”) is pleased to announce that the Board of Directors has appointed two new directors to replace two directors who have resigned. The new directors acquired significant shares of the company from the market prior to their appointment as directors.
The new directors are Ned Goodman and Douglas R. MacQuarrie, and they have been duly accepted by the existing board of Rockland. The Company also announces that it has agreed to settle obligations in the aggregate amount of $276,000 by way of the issuance of an aggregate of 5,520,000 common shares in the capital of the Company at a deemed price of $0.05 per share (the “Debt Settlement”). The shares will be issued pursuant to settlement agreements of even date herewith entered into by the Company with Ravinder Mlait, the Company’s former President and Chief Executive Officer, and Bryan Loree, the Company’s Chief Financial Officer, pursuant to which Mr. Mlait and Mr. Loree agreed to terminate their respective employment agreements with the Company in consideration for the issuance of the Settlement Shares. Mr. Loree has agreed to continue to act as Chief Financial Officer in a consulting role.
Because the shares will be issued to directors and officers of the Company, the Debt Settlement will constitute a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”).The board of directors of the Company has determined that neither the value of the shares to be issued nor the aggregate debt to be settled in connection with the Debt Settlement will exceed 25% of the Company’s market capitalization on the date hereof. As a result, the Debt Settlement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. Shares issued in connection with the Debt Settlement will be subject to a four-month hold period.
Completion of the Debt Settlement is subject to the final approval of the TSX Venture Exchange.
The Company wishes to thank Mr. Mlait and Mr. Sanders for their services to the Company since its incorporation, and have agreed pursuant to Exchange rules to extend stock options held by them for a period of one year.
February 18, 2016
Rockland Minerals Corp’s Senior Advisor Ernest David Black (1931-2016)
February 18, 2016, Vancouver, British Columbia: Rockland Minerals Corp. (TSX.V: RL) (the “Company”) is extremely saddened to announce the passing of Ernest D. Black, P.Eng, a revered member of the Company’s Senior Advisory team.
The son of Scottish immigrants to Canada, Ernie was born on Chicoutimi county, QC and earned his MSc in Geology from McGill University in Montreal. He founded MPH Consulting Ltd. (mining, petroleum and hydrology) Toronto in 1967 a decade after beginning his exploration career in the southern Labrador Trough and Baffinland iron fields, working for Quebec Cartier Mining Company (US Steel) and Watts, Griffith and McOuat. In the lean decade before the Canadian Flow-Through tax incentive program, Ernie left Toronto and set up shop in Denver in 1978, where he seemed to consistently stake and option the best exploration ground in many key mining districts. Ernie’s concise and well-written technical assessment reports helped launch a number of Junior exploration companies. His career spanned over almost half a century. The core claims at Rockland’s Retty Lake Cu-Ni-PGE Project and Schefferville Gold Project were staked and prospected by Ernie Black.
In 2012, Ernie was awarded the prestigious Ben F. Dickerson III Award by the Society of Mining, Metallurgy and Exploration (SME) which recognizes professionalism and contributions to the mining industry. Ernie was cited “for his consistent adherence to the highest ethical standards in the exploration business and his life-long focus on mineral exploration.” Ernie’s hard work, professionalism and tenacity reflects the spirit of Ben F. Dickerson -- the “One-Eyed Explorationist“.
George F. Sanders P.Geo, a Rockland Director and person responsible for the technical content of this News Release under NI 43-101 states “Ernie Black was a stalwart colleague when times were rough, a keen observer in the field, and an excellent researcher. Ernie always put good technical teams together, he motivated his colleagues by hard work, and he treated investors fairly and honestly. I speak for all the geologists, engineers, drillers and pilots whom Ernie influenced over the years in saying thanks for a job well done.”
Rav Mlait, CEO, states, “Ernie Black will be remembered as a mining legend in many quarters. Ernie was laser focused on getting results and was a distinguished mining engineer who became a mentor to many geologists and executives in the mining-exploration business in the U.S. and Canada. He will be greatly missed. We extend our sincere condolences to his family and friends.”
Rockland encourages remembrances in Ernie’s name to your favourite charity.