Red Rock Resources plc has raised £200,000 by placing 597,014,925 new ordinary shares at 0.0335 pence per share.
Following admission, Red Rock’s issued ordinary share capital will comprise 5,655,797,411 ordinary shares, each with voting rights.
The company holds no shares in treasury.
Proceeds will be for year-end accounting costs, acquisition and transport of gold mining equipment, start of gold operations in West Africa, Australia and Kenya operational and professional costs, and other working capital purposes.