Company Moves Metals & Minerals News

Red Rock CFO Scott Kaintz retires as a director

Red Rock Resources plc’s chief financial officer Scott Kaintz has retired as a director. Mr Kaintz, expected to retire by rotation, was due offer himself for re-election at the company’s general meeting on 16 February. The resolution was withdrawn and Mr Kaintz remains the CFO. All other resolutions were passed on a show of hands.

Legal Metals & Minerals News Oil & Gas

Red Rock offered Central America oil and gas assets

Red Rock Resources plc said it had been conducting due diligence on a private offer of “some promising hydrocarbon assets” in Central America. PROGRESS Chairman Andrew Bell added that the assets had the potential to restore the company’s “nine-year-old oil and gas function”. “We are always ready to look at highly prospective projects, especially ones […]

Finance Metals & Minerals News

Red Rock issues 211m shares for £135,000 CLNs

Red Rock Resources plc issued 211,482,353 ordinary shares following notice to convert £134,820 of loan notes, including interest, from October 2023. In accordance with the terms of the notes, the ordinary shares are of £0.0006375 per share. Following admission, the company’s issued ordinary share capital will comprise 3,548,246,811 ordinary shares each with equal voting rights. […]

Company Moves Metals & Minerals News Oil & Gas

Red Rock appoints David Lenigas as consultant

Red Rock Resources plc has appointed David Lenigas as a strategic consultant. Chairman Andrew Bell said the company had known Mr Lenigas for some years and worked with him on onshore oil projects in southern England. “His drive, his ability to think outside the box, his instinctive grasp of the big picture, allied with his […]

Finance Metals & Minerals News

Red Rock granted second gold licence in Côte d’Ivoire

Red Rock Resources plc has been granted a second gold licence, for an initial four years, in Côte d’Ivoire. YAMOUSSOUKRO Covering 380.94km2 in the departments of Yamoussoukro and others, the licence is one of · the company’s four applications totalling 1,404.86km2 south of the capital Yamoussoukro. The project lies 245km north of Abidjan, 10km northwest of […]

Finance Metals & Minerals News

Red Rock raises £500,000 via placing

Red Rock Resources plc has raised £500,000 by placing 666,666,667 new ordinary shares each at 0.075 pence. DRC ARBITRATION Proceeds will be used for the company’s lithium production and export operations in Zimbabwe, gold studies and development in Burkina Faso, accounting and audit costs, and working capital. Following the issue of the placing shares, Red […]