Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRed Rock Resources Regulatory News (RRR)

Share Price Information for Red Rock Resources (RRR)

Share Price is delayed by 15 minutes
Get Live Data
0.0235    0.00 (0.00%)
Bid:
0.022
Ask:
0.025
Spread: 0.003 (13.636%)
Market Cap: £2.25m
RRR Live PriceLast checked at - London Stock Exchange

Intraday Red Rock Resources Share Chart

Conditional disposal

4 May 2011 12:20

RNS Number : 9157F
Red Rock Resources plc
04 May 2011
 



RED ROCK RESOURCES PLC

Conditional disposal of interests in Cue Resources Limited

 

4 May 2011

Red Rock Resources plc ("Red Rock" or the "Company"), the gold mining and exploration company with projects in Kenya and Colombia, and interests in steel feed, uranium, and rare earths, announces that it has agreed to dispose of its entire holding of 15,798,000 common shares in Cue Resources Ltd (TSXV: CUE, "Cue") to its 24.9 per cent. owned associate company Resource Star Limited (ASX: RSL, "RSL") for C$1,556,000. A C$200,000 loan from Red Rock to Cue is also being transferred at face value together with warrants to subscribe in aggregate for 15,798,000 common shares in Cue at prices of between C$0.12 and C$0.15.

The transaction is subject to approval by shareholders of RSL, other than Red Rock, at an RSL EGM expected to be held in June. The consideration payable to Red Rock will be paid in two instalments, 40% on completion with the balance six months later.

Further details on the transaction and on Cue are available in the RSL announcement which may be accessed via http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=RSL.

 

Enquiries:

 

Andrew Bell 0207 402 4580 or Red Rock Resources plc Chairman

07766 474849

 

Sandra Spencer 0207 402 4580 or Red Rock Resources plc Public and Investor

07757 660 798 Relations

 

Peter Trevelyan-Clark/ 020 7444 0800 Religare Capital Markets Nominated Adviser

Ben Jeynes

 

Nick Emerson 01483 413500 Simple Investments Ltd Broker

 

Updates on the Company's activities are regularly posted on its website,www.rrrplc.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGURGAUPGGGC
Date   Source Headline
11th Aug 201411:55 amRNSChange of Broker
1st Aug 20147:00 amRNSUpdate - Resource Star Limited
25th Jul 201412:09 pmRNSSale of Colombian Interests - Update
18th Jul 20145:13 pmRNSSale of Colombian Interests - Update
10th Jul 201411:01 amRNSHolding(s) in Company
25th Jun 20145:23 pmRNSHolding(s) in Company
25th Jun 20147:00 amRNSConvertible Bond Conversion
12th Jun 20147:00 amRNSHolding(s) in Company
10th Jun 20147:00 amRNSHolding(s) in Company
6th Jun 20147:00 amRNSJupiter Mines Ltd Update
2nd Jun 201412:43 pmRNSHolding(s) in Company
30th May 20145:44 pmRNSConvertible Loan Note Conversion & Issue of Equity
29th May 201411:53 amRNSPositive Update From Migori Project, Kenya
13th May 20147:00 amRNSProposed Sale of Colombian Interests
8th May 20147:00 amRNSHolding(s) in Company
2nd May 20141:15 pmRNSUpdate - Colombia
30th Apr 201412:36 pmRNSIssue of Convertible Note
28th Apr 20149:48 amRNSHolding(s) in Company
8th Apr 20144:56 pmRNSHolding(s) in Company
8th Apr 20144:41 pmRNSUpdate - Resource Star Limited
7th Apr 20146:19 pmRNSIssue of shares under SIP and Directors' Dealings
4th Apr 20145:33 pmRNSUpdate - Ivory Coast Exploration and Other
31st Mar 20147:00 amRNSInterim Results
4th Mar 201410:13 amRNSPrivate Placing and Exploration Investment
24th Feb 20145:53 pmRNSConvertible Bond Conversion
30th Jan 20143:01 pmRNSIssue of Shares under SIP and Directors' Dealings
24th Jan 20145:54 pmRNSConvertible Bond Conversion
21st Jan 20147:00 amRNSPlacing
17th Jan 201412:26 pmRNSUpdate - Kenya and Colombia
14th Jan 20145:11 pmRNSInvestment in Jupiter Mines Shares
31st Dec 201311:57 amRNSDirectorate Change
30th Dec 20131:01 pmRNSResult of AGM
20th Dec 201312:58 pmRNSCompletion of two year bond issuance
11th Dec 201310:48 amRNSExploration Update - Migori Project, Kenya
3rd Dec 20132:39 pmRNSPlacing and Investment in Jupiter Mines Shares
29th Nov 201312:02 pmRNSFinal Results
28th Nov 201312:03 pmRNSOffer of Secured Two Year Bond
21st Nov 20139:11 amRNSNotice of General Meeting and Convertible Note
14th Nov 20131:59 pmRNSIssue of Shares & Purchase of Jupiter Mines Shares
8th Nov 20131:14 pmRNSUpdate
9th Oct 20134:43 pmRNSConvertible Bond Conversion
9th Oct 20134:40 pmRNSUpdate
4th Oct 20133:16 pmRNSDelisting of Jupiter Mines from ASX
20th Sep 20135:08 pmRNSGreenland Update
18th Sep 20135:43 pmRNSIssue of Convertible Note. Cancellation of options
9th Sep 20134:03 pmRNSAppointment of Broker
9th Sep 20137:00 amRNSUpdate
5th Sep 20133:48 pmRNSResource Star Ltd Update
30th Aug 20135:02 pmRNSUpdate
27th Aug 20134:28 pmRNSConvertible Bond Conversion & Options Cancellation

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.