RE: RNS OUT15 Jan 2025 14:12
Placing done in October.
Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons principally in Africa and Australia, announces that it has placed 597,014,925 new ordinary shares ("Placing Shares") by a placing at 0.0335 pence per share raising a total of £200,000 before expenses ("Placing"). CMC Markets UK Plc, trading as CMC CapX, acted as the Company's placing agent in respect of the Placing.
The Placing proceeds will be applied to year-end accounting costs, acquisition and transport of gold mining equipment, commencement of gold operations in West Africa, Australian and Kenyan operational and professional costs, and other working capital purposes.