REGINA, SK / ACCESSWIRE / March 25, 2022 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) announces that the Board of Directors has awarded a total of 10,760,000 options to directors, officers, employees and consultants of the Company. The options are exercisable into common shares in the capital of the Company at an exercise price of $0.25 per share. The options vest as to one third immediately with an additional one third vesting on the first anniversary of the date of grant with the [Read more]

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce the results of its December 31, 2021 independent reserves evaluation. The evaluation for the Company as at December 31, 2021 was conducted by GLJ Ltd. ("GLJ") of Calgary and was conducted in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluators Handbook ("COGEH") and National Instrument 51-101 - Standards for Disclosure of Oil and Gas Activities ("NI [Read more]

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it has entered into an oil and gas swap structure hedge of approximately 925,326 bbls and 2,453,362 Mmbtu for the period of April 2022 through March 2024. This volume represents approximately 75% of the Company's current production base. The weighted average swap prices over the 24 month period is US$93.61/bbl WTI and US$4.09/Mmbtu Natural Gas1, respectively. The hedge is required as part of the [Read more]

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it has successfully closed the previously announced transformational acquisition (the "Acquisition") of certain oil & gas assets (the "Assets"), primarily in Saskatchewan and Alberta, from Federated Co-operatives Limited and its wholly-owned subsidiary 2214896 Alberta Ltd. ("FCL"). The Assets include approximately 2,962 boe/d (72% liquids)[1] of low-decline, oil-weighted production in Southern [Read more]

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it has today completed its previously announced bought deal public offering (the "Offering") of subscription receipts of the Company (the "Subscription Receipts"), at a price of $0.18 per Subscription Receipt (the "Issue Price"), for aggregate gross proceeds of $17.3 million. The Offering was completed through a syndicate of underwriters led by Echelon Capital Markets, as sole lead underwriter and [Read more]