RE: Bell doesn't agree with Helpfuls "absolute gift"12 Aug 2021 13:29
What debt payments are due?
Haven’t all the CLN’s been repaid or converted into shares?
22 December 2020
Red Rock Resources Plc announces that it has received notice of conversion of £422,800 of Convertible Loan Notes ("Notes") into 70,466,665 Ordinary Shares ("Shares") at a price of 0.6 pence per Share ("Conversion"). This follows the conversion of £254,960 into 42,493,333 Shares announced on 14 December 2020 and the conversion of £205,880.27 into 34,313,378 Shares as announced on 18 December 2020.
Andrew Bell, Chairman, comments: "The Convertible Notes have now expired and there will be no further conversions.
We are delighted to see that every Noteholder decided to exercise conversion rights, a measure of the confidence that we believe exists in the prospects of the Company".