Rockridge Resources Ltd. — Capital/Financing Update 2021

Mar 9, 2021

Form 51-102F3 Material Change Report

1. Name and Address of Company

Rockridge Resources Ltd.

Suite 1610 - 777 Dunsmuir Street Vancouver, BC, Canada, V7Y 1K4 (the “Company”)

2. Dates of Material Change(s)

March 5, 2021

3. News Release(s)

A news release was issued on March 8, 2021 and disseminated via Globe Newswire to section 7.1 of National Instrument 51–102.

4. Summaries of Material Changes

The Company announces that the private placement of the Company closed on March 5[th] has been increased by an additional $125,000 and the Company has issued an additional 1,000,000 units at a price of CAD $0.125 per Unit.

5. Full Description of Material Changes

News Release dated March 8, 2021 – See Schedule “A”.

6. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102

Not applicable.

7. Omitted Information

No information has been omitted.

8. Executive Officer

Mr. Grant Ewing, CEO of the Company, is knowledgeable about the material change contained herein and may be reached at (604) 687-3376.

9. Date of Report

This report is dated March 9, 2021.

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SCHEDULE “A” to the Material Change Report dated March 9, 2021

March 8[th] , 2021

NEWS RELEASE

Amendment to Recently Closed Non-Brokered Private Placement

Vancouver, BC – Rockridge Resources Ltd. (TSX-V: ROCK) (“Rockridge” or the “Company”) announces that the private placement of the Company closed on March 5[th] has been increased by an additional $125,000 and the Company has issued an additional 1,000,000 units (the "Units") at a price of CAD $0.125 per Unit. Each Unit is comprised of one common share and one warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share for a period of sixty (60) months at a price of CAD $0.22 per share. The Company will pay no additional finders fees.

All securities issued are subject to a four-month-and-one-day hold period. The use of proceeds is set out in the March 5[th] , 2021 news release.

About Rockridge Resources Ltd.:

Rockridge Resources is a publicly traded mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties in Canada and other mining-friendly jurisdictions. The Company's Knife Lake Project is in Saskatchewan, which is ranked as one of the top mining jurisdictions in the world by the Fraser Institute. The project hosts the Knife Lake deposit, which is a VMS, near-surface copper-cobalt-gold-silver-zinc deposit open along strike and at depth. The Company’s Raney Gold Project is a high-grade gold exploration project located in the same greenstone belt that hosts the world-class Timmins and Kirkland Lake lode gold mining camps. Rockridge’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Additional information about Rockridge Resources and its project portfolio can be found on the Company’s website at www.rockridgeresourcesltd.com.

Rockridge Resources Ltd.

“Grant Ewing”

Grant Ewing CEO

For further information contact myself or:

Jordan Trimble, President or Spencer Coulter, Corporate Communications

Rockridge Resources Ltd. Telephone: 604-687-3376 Toll Free: 800-567-8181 Facsimile: 604-687-3119 Email: info@rockridgeresourcesltd.com

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