Red Rock Resources plc has issued 71,428,571 new ordinary shares of 0.01 pence each at a subscription of 0.035 pence per share to convert a £25,000 advance from an existing shareholder. TVRs The issued shares have accompanying 71,428,571 warrants, exercisable at 0.045 pence per share at any time before 24 February 2028. Following admission, Red Rock’s […]
Tag: advance
Red Rock issues 54.4m shares for advance
Red Rock Resources plc issued 54,444,444 new ordinary shares at a subscription price of 0.045 pence per share, to convert a £24,500 advance by an existing shareholder. Following admission, the company’s issued ordinary share capital will comprise 5,058,782,486 ordinary shares each with equal voting rights. Red Rock holds none of the ordinary shares in treasury.