Red Rock Resources plc has attended a “series of important meetings” on new business opportunities in the Democratic Republic of Congo. DISCUSSIONS The company said it had also signed a framework agreement with its local associate Koto DRC SARL for an equal new joint venture, conditional on acquiring suitable assets. Red Rock expects to return […]
Tag: Red Rock Resources plc
Red Rock raises £200,000 via placing
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 […]
Red Rock abandons three Côte d’Ivoire licences
Red Rock Resources plc has dropped three gold licence applications in Côte d’Ivoire after regulatory changes limited the number of licences to four per applicant. GUARDIAN METAL The company holds two licences covering 725.44km2 and two applications for a total 1,404.86 km2 in an area around the capital Yamoussoukro. The three abandoned applications are in […]
Red Rock issues 44m shares for £20,000 advance
Red Rock Resources plc has issued 44,444,444 new ordinary shares at a subscription price of 0.045 pence per share, to convert a £20,000 advance by an existing shareholder. Following admission, the company’s issued share capital will comprise 5,004,338,042 ordinary shares, with voting rights. None of the shares is held in treasury.
Red Rock secures extension for CLNs
Red Rock Resources plc has secured an extension to and settled interest on its 12% convertible notes to 18 November 2024. The notes relate to the July 2022 issue of £623,000 notes with accompanying warrants to high net worth investors. In August 2023 the company extended the term of the notes, and agreed a partial […]
Red Rock receives offer for Australia gold assets
Red Rock Resources plc said it had received an offer “in respect of its interest” in Red Rock Resources Australasia Ltd (RRAL) with licences in Victoria, containing the Berringa mine, and South Australia. DELAYS No further details were given in the announcement on 23 August. The company and partner Power Metal Resources plc owned 50.1% […]