Red Rock Resources plc has settled £236,032.38 debt and related fees by issuing 199,563,030 new ordinary shares of £0.0001 in the company, each at an average price of 0.1182746 pence.
The company has now cleared its outstanding debt due to Diversified Metals Holdings LLC and has less than £60,000 outstanding debt, to be settled in cash, with Riverfort Global Opportunities PCC Ltd.
On admission, Red Rock’s total issued share capital will comprise 2,305,597,791 ordinary shares, each with one voting right.