Red Rock Resources plc has sent high grade lithium oxide sampling results from its Zimbabwe project to potential overseas buyers for review. POTENTIAL Last month the company reported it had opened talks on possible sales to agents in China. Three samples each approximately 2kg from the pegmatite at the first permitted area were first sent […]
Tag: Red Rock Resources plc
Red Rock issues 26m shares for £52,500 CLNs
Red Rock Resources plc issued 26,000,000 ordinary shares each at a price of £0.0020196 after receiving notice to convert £52,509.60 of convertible loan notes, including interest. The company has also issued 50 million warrants exercisable into new ordinary shares for two years at 0.2p to an unsecured lender, subject to approval at the next general […]
Red Rock opens talks on lithium sales to China
Red Rock Resources plc could have a potential mining/partner contract for its Zimbabwe lithium assets as the company also starts talks with agents in China on lithium ore sales. HIGHER PRICES From 10 to 14 August, a South African consultant geologist conducted due diligence on the site with the company’s subsidiary African Lithium Resources (Pvt) […]
Red Rock granted new Zimbabwe lithium licence
Red Rock Resources plc has been granted a new lithium licence covering 94 hectares near Bikita in southern Zimbabwe. EXTENSIONS The company added it was also granted two small extension licence areas of 21ha and 22ha also near Bikita, next to a purchased area in the process of transfer. Red Rock was additionally recently granted […]
Red Rock settles £236,000 debt and fees with 200m shares
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 […]
Red Rock raises £288,750 via share placing
Red Rock Resources plc raised £288,750 before expenses by placing 175,000,000 new ordinary shares of £0.0001 each in the company at a price of 0.165 pence per share. On admission, the company’s issued ordinary share capital will comprise 2,480,597,791 ordinary shares, each with voting rights. No shares are held in treasury. USES Net proceeds will be used […]