Red Rock Resources plc has issued 28,571,428 new ordinary shares of 0.01 pence each in the company to convert an advance of £10,000 from an existing shareholder.
The subscription was at 0.035 pence per share with 28,571,428 accompanying warrants, exercisable at 0.040 pence per share before 27 December 2027.
Following admission, the company’s issued ordinary share capital will comprise 5,684,368,839 ordinary shares, with voting rights.
Red Rock holds no shares in treasury.