Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch 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
0.023    0.00 (0.00%)
Bid:
0.022
Ask:
0.024
Spread: 0.002 (9.091%)
Market Cap: £2.20m
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
4th Feb 20194:35 pmRNSPrice Monitoring Extension
4th Feb 20192:05 pmRNSSecond Price Monitoring Extn
4th Feb 20192:00 pmRNSPrice Monitoring Extension
1st Feb 20195:29 pmRNSHolding(s) in Company
30th Jan 20197:00 amRNSUpdate
2nd Jan 20191:18 pmRNSConvertible Loan Notes
27th Dec 20184:07 pmRNSHolding(s) in Company
21st Dec 20186:24 pmRNSHolding(s) in Company
21st Dec 201810:33 amRNSReplacement: exploration results at Luanshimba
20th Dec 20183:55 pmRNSExploration results at Luanshimba
19th Dec 20181:27 pmRNSResult of AGM
19th Dec 20187:00 amRNSUpdate on Jupiter Mines
19th Dec 20187:00 amRNSCobalt/Copper Joint Venture - Congo
11th Dec 20182:52 pmRNSHolding(s) in Company
23rd Nov 20182:34 pmRNSAnnual Financial Report 2018
22nd Nov 201811:59 amRNSCobalt/Copper Joint Venture - Congo
7th Nov 20184:34 pmRNSHolding(s) in Company
5th Nov 20181:04 pmRNSHolding(s) in Company
2nd Nov 20187:00 amRNSRenewal of Convertible 10% Loan Notes
30th Oct 20185:22 pmRNSHolding(s) in Company
22nd Oct 20187:00 amRNSSettlement of Legal Proceedings
17th Oct 20187:00 amRNSExploration Programme for copper and cobalt in DRC
12th Oct 20187:00 amRNSReceipt of Dividend from Jupiter Mines
28th Sep 201812:26 pmRNSHolding(s) in Company
28th Sep 20187:00 amRNSUpdate
17th Sep 20187:00 amRNSDividend declaration by Jupiter Mines
30th Aug 201812:25 pmRNSUpdate on JV Agreement to develop tailings
2nd Aug 20184:57 pmRNSHolding(s) in Company
23rd Jul 20187:00 amRNSCommercial Ferrosilicon Production at Steelmin
20th Jul 20181:04 pmRNSHolding(s) in Company
18th Jul 20185:13 pmRNSHolding(s) in Company
5th Jul 20182:59 pmRNSHolding(s) in Company
4th Jul 20181:31 pmRNSHolding(s) in Company
18th Jun 201811:22 amRNSAnnouncement by Jupiter Mines
15th Jun 20187:00 amRNSProgress Report - African Exploration Assets
7th Jun 20182:22 pmRNSColombia Update
6th Jun 20184:44 pmRNSHolding(s) in Company
30th May 20187:00 amRNSSteelmin Update
1st May 20186:16 pmRNSTotal Voting Rights
30th Apr 20186:34 pmRNSJupiter Mines - Preliminary Results
20th Apr 20185:53 pmRNSExercise of Warrants and Total Voting Rights
19th Apr 20184:29 pmRNSHolding(s) in Company
17th Apr 20184:01 pmRNSHolding(s) in Company
17th Apr 201810:45 amRNSJupiter - Listing Update &Tshipi Year End Results
17th Apr 20187:00 amRNSJupiter Mines - ASX Listing
13th Apr 20181:44 pmRNSExercise of Warrants and Total Voting Rights
6th Apr 20187:00 amRNSIssue of Shares under Share Incentive Plan
3rd Apr 20185:02 pmRNSTotal Voting Rights
29th Mar 20187:00 amRNSProgress report of Cobalt Project due Diligence
28th Mar 20185:16 pmRNSChange of Registered Office

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.