Rok Res Inc Stock Price, News & Analysis

ROK Resources (TSXV:ROK / OTCQB:ROKRF) announced shareholders approved a previously announced plan of arrangement to effect a go-private transaction with 17312539 Canada Inc. (a Blue Alaska subsidiary) and new SpinCo that will retain shares of EMP Metals.

At the December 10, 2025 meeting the transaction resolution passed with 94.8% of votes cast; 116,589,685 shares were voted, representing ≈53.52% of issued and outstanding shares. Majority-of-minority approval under MI 61-101 was obtained.

The Court hearing for the final order is scheduled for December 16, 2025; subject to court, TSXV and other regulatory approvals and customary conditions, the Transaction is expected to close on or before January 16, 2026. Following closing, ROK shares are expected to be delisted and the company intends to cease reporting in all Canadian jurisdictions where it is currently a reporting issuer.

ROK Resources (TSXV:ROK / OTCQB:ROKRF) filed interim financial results for the nine months ended September 30, 2025 and provided an update on a planned going private arrangement expected to close prior to December 31, 2025. Shareholders will vote on the plan of arrangement at the annual meeting on December 10, 2025 and proxy materials are available on SEDAR+ and the company website.

Key Q3 2025 operational and financial points: Funds from operations Q3 $4.14M (Q3 2024: $7.93M); quarterly production averaged 3,414 boe/d (66% liquids); capital expenditures in Q3 of $3.6M for 3 wells; Adjusted net surplus $2.7M vs Adjusted net debt $10.6M at year‑end 2024. The company continued an NCIB, repurchasing 2,005,500 shares to end‑September 2025.

ROK Resources (TSXV:ROK | OTCQB:ROKRF) announced that its management information circular and proxy materials for the annual general and special meeting are posted on SEDAR+ and ROK's website. The Meeting is scheduled for December 10, 2025 at 11:00 a.m. (Calgary time) in Calgary.

Shareholders will vote on a plan of arrangement, receive audited 2024 consolidated financial statements, elect directors, appoint auditors, and consider approval of the existing stock option plan. Materials will be mailed, but postal delays due to the CUPW strike may occur; electronic copies and voting instructions are available online. Electronic voting closes December 8, 2025 at 11:00 a.m. (Calgary time). For assistance contact Odyssey Trust Company.

ROK Resources (OTCQB:ROKRF) has entered into an arrangement agreement with Blue Alaska Oil Trading LLC for a going-private transaction valued at $52 million. Under the agreement, ROK shareholders will receive $0.239 in cash per share, representing a 26% premium to the closing price, plus one share in SpinCo (valued at $0.037) for each ROK share held.

SpinCo will retain ROK's lithium assets, including 16.47% ownership in EMP Metals (18,925,000 shares). The total consideration of $0.276 per share represents a 45% premium to the pre-announcement price. The transaction requires 66 2/3% shareholder approval and is expected to close in Q1 2026.

ROK Resources (OTCQB:ROKRF) has released its Q2 2025 financial results, reporting funds flow of $9.0 million and average production of 3,729 boepd (65% liquids). The company achieved a significant financial turnaround with an Adjusted Net Surplus of $3.8 million, compared to $10.6 million of Adjusted Net Debt at year-end 2024.

Net income for Q2 2025 reached $3,278,000 ($0.01 per share), a substantial improvement from $82,000 in Q2 2024. The company initiated a Normal Course Issuer Bid (NCIB), repurchasing and cancelling 1,171,000 common shares at an average price of $0.19 per share. ROK plans to commence a three-well capital program in Q3 2025, focusing on two low-cost re-entries and drilling an open hole Midale multi-lateral well.

ROK Resources has announced a restructured long-term incentive plan featuring a new restricted share unit (RSU) plan. The RSU Plan introduces minimum company ownership requirements for executives and directors, with the CEO required to own 3x annual salary, other officers 2x salary, and directors 3x annual retainer. The RSUs will be cash-settled and non-dilutive, with officers' RSUs vesting one-third immediately and the remainder over two years, while directors' RSUs vest upon resignation or change of control. As part of this restructuring, officers and directors will forfeit 11,910,000 options (67% of current options), leaving 5,760,000 options outstanding. The company is proceeding with its previously announced NCIB to repurchase up to 10% of public float. Following the $6.29 million proceeds from unwinding crude oil swap hedges, ROK maintains positive working capital with no debt and an unused $5.0 million revolving credit facility.

ROK Resources (ROKRF) has announced a Normal Course Issuer Bid (NCIB) program to repurchase and cancel up to 18,284,409 common shares, representing 10% of its public float, between June 10, 2025, and June 9, 2026. The company currently has 219,769,315 common shares outstanding, with a public float of 182,844,090 shares excluding those held by insiders. The Board of Directors authorized this share buyback program, viewing it as an effective use of financial resources when share prices don't reflect intrinsic value. National Bank Financial Inc. will facilitate the open market purchases, with a limit of 2% of outstanding shares per 30-day period. All repurchased shares will be cancelled and returned to treasury.

ROK Resources (ROKRF) has announced several key updates including a Normal Course Issuer Bid (NCIB), revised 2025 guidance, and Q1 2025 financial results. The company plans to initiate an NCIB to purchase and cancel up to 10% of its outstanding Public Float over one year, subject to TSXV approval. ROK is restructuring its credit facility to a $5M revolving demand facility with relaxed hedging requirements and allowance for share buybacks. Q1 2025 results showed production of 3,941 boepd (66% liquids), with Funds Flow of $7.1M. The company reduced its Adjusted Net Debt to $4.1M from $10.6M in Q4 2024. For 2025 guidance, ROK projects production between 3,700-3,900 boepd with capital expenditures of $12.6-19.2M, depending on commodity price scenarios.

ROK Resources (ROKRF) has announced the successful unwinding of its crude oil swap hedges, generating proceeds of $6.29 million and resulting in an estimated working capital surplus of $4.0 million by May 31st, 2025. The company has used these proceeds to fully repay its existing line of credit. Since 2022, ROK has demonstrated significant financial improvement by retiring over $85 million in debt while simultaneously increasing its base production by 38% from 2,900 boepd to 4,000 boepd at year-end 2024. The company is currently exploring financing options with its lender to maintain flexibility and plans to manage free cash flow to strengthen its balance sheet and facilitate strategic growth.