Rockshield Capital Comments on Two Investee Companies

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Rockshield Capital Comments on Two Investee Companies

Canada NewsWire

VANCOUVER, Nov. 30, 2017 /CNW/ - Rockshield Capital Corp. (CSE: RKS), (US:CRUOF), (FSE:6BC) ("Rockshield" or the "Company") is pleased to report on two additions to its portfolio of investee companies.

Rockshield Capital Corp. (CNW Group/Rockshield Capital)

Atlas Cloud Enterprises (AKE:CSE – 1.05) Through existing state-of-the-art operations and scalability with some of the cheapest electrical power in the world, Atlas Cloud Computing is ideally positioned to become one of the premier Bitcoin Mining and Blockchain service companies in North America. Rockshield purchased 300,000 units at 35 cents per unit. Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant, with each warrant exercisable into one additional common share at a price of 75 cents for a period of 24 months from the date of closing. 

Miramont Resources (MONT:CSE - 0.60) recently closed its Puno Gold acquisition in conjunction with a $6 million offering led by Red Cloud Klondike Strike and Sprott Capital Partners.  In addition, Miramont has appointed Dr. Quentin Hennigh as Director and Chairman.  Dr. Hennigh currently serves as President and a director of Novo Resources Corp.  Rockshield purchased 300,000 units at 30 cents per unit.  Each unit will consist of one common share of the company and one common share purchase warrant, with each warrant exercisable into one additional common share at a price of 45 cents for a period of 24 months from closing of the offering.

The Company's Chief Executive Officer, David Doherty, said "We are fortunate to participate in dynamic young companies across various sectors. We foremost look to partner and fund Management Teams who have the foresight and ability to carry out a business plan and raise capital which will allow a company the best chance of future success."

Rockshield Capital Corporation

Rockshield is a publicly traded venture capital fund under the symbol RKS on the Canadian Securities Exchange. Rockshield offers investors a chance to gain exposure to early stage seed investment in companies they typically would not get access to. Leveraging the vast professional network and experience of the management Rockshield reviews hundreds of deals a year and chooses those which have the best return potential under the current market environment.

For further information regarding Rockshield, see Rockshield's disclosure documents on SEDAR at www.sedar.com.

The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE Rockshield Capital

View original content with multimedia: http://www.newswire.ca/en/releases/archive/November2017/30/c4280.html

Copyright CNW Group 2017

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).