On March 27, 2025, Rupert Resources Ltd. completed a bought deal public offering of 11,500,000 common shares at a price of C$4.50 per share for gross proceeds of C$51.75 million. The offering included the full exercise of the underwriters' over-allotment option. The transaction was announced on March 20, 2025.

The offering was led by Cormark Securities Inc., with participation from BMO Capital Markets, Scotia Capital Inc., and Canaccord Genuity Corp.

Cassels Brock & Blackwell LLP acted as Canadian counsel to the underwriters. Blake, Cassels & Graydon LLP acted as Canadian counsel to Rupert Resources. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as U.S. counsel to the underwriters.

Net proceeds from the offering and a concurrent private placement are expected to total up to C$81.5 million, after deducting fees and expenses. Rupert intends to use the proceeds primarily for exploration, permitting, technical and environmental studies on its properties in Finland, including the Ikkari Project, as well as for general corporate purposes.