Rock Edge Resources Ltd. (CNSX:REDG) entered into a letter of Intent to acquire 100% stake in Val D’Or East Lithium Property, Quebec, Canada on March 20, 2023. Terms of the proposed transaction are cash payments of CAD 0.03 million upon closing of the proposed transaction, CAD 0.03 million due upon the one-year anniversary of the closing of the proposed acquisition, and the issuance of 750,000 units of Rock Edge Resources at a deemed price of CAD 0.10 per Consideration Unit. The Consideration Units will consist of (a) 750,000 common shares of Rock Edge Resources and (b) 750,000 common share purchase warrants of Rock Edge Resources entitling holders to purchase one common share of Rock Edge Resources with an exercise price of CAD 0.20 per common share and expiring 3 years from the closing date of the proposed transaction. Completion of the proposed transaction is subject to a number of conditions, including, but not limited to, execution of a definitive agreement and Canadian Securities Exchange acceptance. There can be no assurance that the definitive agreement will be executed or that the proposed transaction will be completed as proposed or at all. On April 11, 2023 the Company announced that it had executed a definitive agreement to acquire 100% interest in the Val D’Or East Lithium Property from BC1403437 BC LTD. 1403437 BC Ltd. holds a 100% undivided interest in the Val-d'Or East Mineral Claims (the "Property") in the Province of Quebec, Canada. The Property consists of 90 mining claims covering approximately 5,292 hectares or 53 square km. The Property is located 30km southeast of Val-d'Or, accessible via the regional 117 highway.

Rock Edge Resources Ltd. (CNSX:REDG) completed the acquisition of Val D’Or East Lithium Property, Quebec, Canada on April 12, 2023.