Toronto, Ontario--(Newsfile Corp. - August 20, 2024) - Highrock Resources Ltd. (CSE: HRK) ("Highrock" or "the Company") is pleased to announce that it has entered into a share purchase agreement (the "Agreement") dated August 16, 2024 with Atikokan Resources Ltd. (the "Vendor") pursuant to which the Company will acquire all of the issued and outstanding shares in the capital of Liberty Uranium Corporation ("Liberty Uranium") from the Vendor (the "Acquisition"). Liberty Uranium is a private company incorporated pursuant to the laws of the State of Nevada and owns 100% undivided interest in the Dry Creek uranium project (the "Property"), located in the Uravan mineral belt, one of the most prolific uranium producing districts in the U.S.A, accounting for about 77% of all uranium production in Colorado, according to the Colorado Geological Survey.

Commenting on the Acquisition, Derrick Dao, CEO of Highrock noted: "Domestic energy security concerns and increasing power demand have resulted in strong, bi-partisan, regulatory support for the domestic American uranium industry.

The acquisition of Liberty Uranium and the Property is an important first step in advancing the Company's strategy to identify, acquire and advance high-quality uranium assets in the United States and establishes Highrock as a player in the important Uravan uranium district."

Strategic Rationale for the Acquisition:
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