Red Rock Resources raises GBP260,000 to fund Burkina Faso activities
(Alliance News) - Red Rock Resources PLC on Thursday said that it has raised GBP260,000 from a placing of 509.8 million shares at 0.051 pence each.
Read moreTue, 07th Jan 2020 09:07
(Alliance News) - Red Rock Resources PLC on Thursday said that it has raised GBP260,000 from a placing of 509.8 million shares at 0.051 pence each.
Read more(Sharecast News) - Natural resources developer Red Rock Resources updated the market on two key areas on Friday, being the ongoing arbitration in the Democratic Republic of the Congo (DRC) related to the VUP copper-cobalt joint venture, and developments regarding its gold assets in Burkina Faso.
Read more(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read moreRed Rock Resources PLC - Africa, South America and Australia-focused natural resource explorer and developer - Releases update in relation to the arbitration in the Democratic Republic of Congo with respect to the USD10 million claim the company is pursuing relating to the VUP copper-cobalt joint venture. Notes last Monday, a subsidiary received judgement for USD2.5 million while the results of an arbitration hearing in order to obtain USD7.5 million was pending. Red Rock says a draft of the arbitration award has been received and an update will be provided as soon as possible - perhaps by Friday. In Australia, work continues on two key local gold projects - Berringa Mine and Ajax Mine. Continues to discuss with its partner the best structure for going forward. Says sourcing capital to drill these tenements will be a priority in 2024 to bring one of these gold targets into JORC-compliant resource status. Listing Red Rock on the ASX is also being considered now to realise value for shareholders and provide the funds necessary to further advance the projects.
Read moreMonday 12 February | |
Arix Bioscience PLC | GM re takeover by RTW Biotech Opportunities Ltd |
JPMorgan UK Smaller Companies Investment Trust PLC | GM re merger with JPMorgan UK Smaller Companies |
Mears Group PLC | GM re authority to buy back up to 10% of shares |
Tuesday 13 February | |
Cellular Goods PLC | AGM |
Iconic Labs PLC | AGM |
JPMorgan Indian Investment Trust PLC | AGM |
Tui AG | AGM including London Stock Exchange delisting vote |
Xtract Resources PLC | GM re sale of Manica gold project to MMP |
Wednesday 14 February | |
GCP Infrastructure Investments Ltd | AGM |
Gfinity PLC | GM re annual report |
Tertiary Minerals PLC | AGM |
Tritax EuroBox PLC | AGM |
Thursday 15 February | |
JPMorgan Asia Growth & Income PLC | AGM |
Synergia Energy Ltd | GM re share placing |
VVV Resources Ltd | AGM |
Friday 16 February | |
Irish Residential Properties REIT PLC | EGM re removal of 5 of 9 directors |
Location Sciences Group PLC | GM concerning reverse takeover agreement |
Red Rock Resources PLC | AGM |
UK Oil & Gas PLC | GM re proposed capital reorganisation |
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Red Rock Resources PLC - Africa, South America and Australia-focused natural resource explorer and developer - Hires David Lenigas as a strategic consultant as it "begins a new phase of growth". Lenigas is the executive chair of North America-focused oil and gas producer Pennpetro Energy PLC, and of British Virgin Islands-registered bitcoin miner Vinanz Ltd.
Read moreRed Rock Resources PLC- Africa, South America and Australia-focused natural resource exploration and development - Notes the receipt of a draft arbitration award in regard to its subsidiary in the Democratic Republic of Congo. Says Arbitration hearings and negotiations have been held in Kinshasa in order to obtain 50% of the USD15 million still to be paid. Says draft awaits signature and will provide an update "as soon as possible." Adds that geochemical testing of the Bilbale licence in Burkina Faso, and mapping of key zones has begun, with a view to semi-mechanised mining of alluvial areas and follow-up drilling of hard rock targets. Notes promising rock chip results from mapped areas at Bilbale, including 14.7 grams per tonne and 11.2 g/t of gold. A development team is arriving at the site in Bilbale.
Read moreRed Rock Resources PLC - Africa, South America and Australia-focused natural resource exploration and development - Pretax loss widens to GBP3.0 million in the financial year that ended June 30 from GBP2.8 million the year before. Red Rock generates no revenue. Administrative expenses increase to GBP1.4 million from GBP1.2 million. Finance costs more than double to GBP613,000 from GBP285,000.
Read more(Alliance News) - Red Rock Resources PLC on Thursday said it raised GBP500,000 from a placing of new shares, which will be used towards developing projects.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read moreMonday 13 November | |
Ironveld PLC | GM re fundraising |
Victoria PLC | GM re annual accounts and Grant Thornton UK LLP re-appointment as auditors |
Tuesday 14 November | |
Celsius Resources Ltd | AGM |
Essentra PLC | GM re movement of merger relief reserve |
Financials Acquisition Corp | EGM re LIU business combination |
Fonix Mobile PLC | AGM |
Petra Diamonds Ltd | AGM |
Smoove PLC | GM re takeover by Pexa Group |
t42 IoT Tracking Solutions PLC | AGM |
Wednesday 15 November | |
Alternative Income REIT PLC | AGM |
Ascent Resources PLC | GM re approval to issue 45 million shares |
CQS Natural Resources Growth & Income PLC | AGM |
European Opportunities Trust PLC | AGM |
Hays PLC | AGM |
Henderson Eurotrust PLC | AGM |
Northern Bear PLC | GM re tender offer |
Reach PLC | GM re proposed capital reduction |
Synergia Energy Ltd | AGM |
Zegona Communications PLC | GM re acquisition agreement |
Thursday 16 November | |
Close Brothers Group PLC | AGM |
Craneware PLC | AGM |
Critical Mineral Resources PLC | AGM |
Dunelm Group PLC | AGM |
Eagle Eye Solutions Group PLC | AGM |
JD Wetherspoon PLC | AGM |
Kier Group PLC | AGM |
Marble Point Loan Financing Ltd | AGM |
MJ Gleeson PLC | AGM |
Origin Enterprises PLC | AGM |
Ricardo PLC | AGM |
Smiths Group PLC | AGM |
Friday 17 November | |
Future Metals NL | AGM |
Red Rock Resources PLC | GM re allot equity securities |
Rockpool Acquisitions PLC | AGM |
Saietta Group PLC | GM re annual accounts and reappointment of auditors |
US Solar Fund PLC | GM re change of investment policy |
Copyright 2023 Alliance News Ltd. All Rights Reserved. |
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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