Red Rock Resources plc has raised £260,000.04 before expenses via a placing of 509,804,000 new ordinary shares in the company at 0.051 pence per share.
Following admission, the company’s issued ordinary share capital will comprise 4,058,050,811 ordinary shares, each with voting rights.
Proceeds will be used to bring Red Rock’s gold assets in Burkina Faso to production and for other working capital purposes.