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24/04/2026 13:00
ROK Resources Files 2025 Financial Results and Management Discussion & AnalysisNOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / April 24, 2026 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) announces the Company has filed its Annual Financial Results and Management Discussion & Analysis for the year ended December 31st, 2025. 2025 Financial and Operating Highlights
The Company has also filed its annual oil and gas disclosure documents, including the statements and reports required under National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. All filings will be made available on SEDAR+ at www.sedarplus.ca and on the Company website www.rokresources.ca. Normal Course Issuer Bid Renewal The Company intends to renew its normal course issuer bid ("NCIB") which allows for the cancellation of up to 10% of its outstanding Public Float (as such term is defined in the policies of the TSX Venture Exchange) during a one-year period from the date of acceptance of the NCIB from the TSX Venture Exchange ("TSXV"). The existing NCIB expires June 9th, 2026. About ROK ROK is primarily engaged in petroleum and natural gas exploration and development activities in Alberta and Saskatchewan. It has offices located in both Regina, Saskatchewan, Canada and Calgary, Alberta, Canada. ROK's common shares are traded on the TSX Venture Exchange under the trading symbol "ROK". For further information, please contact: Bryden Wright, President and Chief Executive Officer Non-IFRS Measures The non-IFRS measures referred to above do not have any standardized meaning prescribed by IFRS Accounting Standards ("IFRS") and, therefore, may not be comparable to similar measures used by other companies. Management uses this non-IFRS measurement to provide its shareholders and investors with a measurement of the Company's financial performance and are not intended to represent operating profits nor should they be viewed as an alternative to cash provided by operating activities, net income or other measures of financial performance calculated in accordance with IFRS. The reader is cautioned that these amounts may not be directly comparable to measures for other companies where similar terminology is used. "Operating Income" is calculated by deducting royalties and operating expense from total sales revenue. Total sales revenue is comprised of oil and gas sales. The Company refers to Operating Income expressed per unit of production as an "Operating Netback". "Operating Income Profit Margin" is calculated by the Company as Operating Income as a percentage of oil and natural gas sales. "Funds from Operations" is calculated by adding other income and realized gains/losses on commodity contracts ("hedging") to Operating Income. "Funds from Operations Profit Margin" is calculated by the Company as Funds from Operations as a percentage of oil and natural gas sales. The following table reconciles the aforementioned non-IFRS measures:
Source : Webdisclosure.com |
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