Finance Metals & Minerals News

Red Rock issues 33m shares under previous deal with single investor

Red Rock Resources plc has issued 33,237,805 ordinary shares of £0.0001 each at a price of 0.11 pence under a previously agreed funding arrangement with a single investor. The request for the shares is from US-based institutional investor Diversified Metal Holdings LLC under an agreement from December 2022. The fundraise for exploration and working capital […]

Finance Metals & Minerals News

Red Rock pays £65,500 debt with 46m shares

Red Rock Resources plc has repaid £65,500 of accrued debt by issuing 45,964,912 new ordinary shares of £0.0001 each in the company each at a price of 0.1425 pence. Following admission, the company’s total issued share capital will consist of 2,072,796,956 ordinary shares, with one voting right per share. Red Rock holds no shares in […]

Metals & Minerals News

Red Rock issues 19m shares to Riverfort in further debt settlement

Red Rock Resources plc issued 19,176,965 new ordinary shares of £0.0001 each in the company in settlement of £30,186.46 debt owed to Riverfort Global Opportunities PCC Ltd. The shares were issued each at a price of 0.15741 pence. Following admission, the company’s total issued share capital will consist of 1,582,509,999 ordinary shares, each with one […]

Metals & Minerals News

Oriole issues 7.65m shares for Q1 salary sacrifice

Oriole Resources plc will issue a total of 7,655,885 ordinary shares to members of the board in relation to £21,000 gross salary foregone during Q1 2023. PRICE The shares will be issued at a price of 0.17p which is a 13% premium to the previously agreed pricing under the six-month salary sacrifice scheme agreed in […]

Metals & Minerals News

Red Rock issues 15m shares in Riverfort debt settlement

Red Rock Resources plc has issued 15,055,706 new ordinary shares of £0.0001 in settlement of a £25,000 debt owed to Riverfort Global Opportunities PCC Ltd. The shares were issued each at a price of 0.1661 pence. Following admission, the company’s total issued share capital will consist of 1,563,333,034 ordinary shares, each with one voting right. […]