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
0.0255    0.00 (0.00%)
Bid:
0.024
Ask:
0.027
Spread: 0.003 (12.50%)
Market Cap: £2.44m
RRR Live PriceLast checked at - London Stock Exchange

Intraday Red Rock Resources Share Chart

Convertible Note Conversion

23 Apr 2015 16:44

RNS Number : 1836L
Red Rock Resources plc
23 April 2015
 

Red Rock Resources Plc

("Red Rock" or the "Company")

Convertible Note Conversion

23 April 2015

Red Rock announces that MG Partners II Ltd., which is an affiliate of Magna, has converted the entirety of its outstanding balance of $115,000 unsecured Convertible Notes and accrued interest, into 118,196,751 ordinary shares ("Conversion Shares") in the Company under the terms of the Convertible Note Instrument ("Convertible") as announced on 6 January 2015, at a price of £0.0006837 per Conversion Share (the "Conversion").

 

This Conversion of 118,196,751 ordinary shares in the Company represents 2.54% of the Company's enlarged ordinary issued share capital.

 

Following issue of the Conversion Shares, the Company's enlarged issued ordinary share capital will consist of 4,662,024,541 ordinary shares of 0.01p each. Application has been made to the London Stock Exchange for the Conversion Shares, which on Admission will rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 29 April 2015.

 

Chairman Andrew Bell comments:

 

"We are happy to announce that the convertible debt facility with Magna has now been fully retired. Red Rock has now cleared all of its corporate debt and convertibles over the course of the last month."

 

 

For further information contact:

 

Andrew Bell 0207 747 9990 or 0776 647 4849 Chairman Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited

Jason Robertson 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd

Christian Pickel0203 128 8208 Media Relations MHP Communications

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEXLFLEZFZBBF
Date   Source Headline
8th Jul 20117:20 amRNSUpdate - Migori
7th Jul 20116:34 pmRNSUpdate - Columbia and Greenland
30th Jun 20113:00 pmRNSTotal Voting Rights
29th Jun 20117:30 amRNSDirector/PDMR Shareholding
27th Jun 20111:55 pmRNSRe Jupiter Mines Limited
23rd Jun 20113:00 pmRNSTotal Voting Rights
23rd Jun 201111:19 amRNSIssue of Equity
22nd Jun 20113:16 pmRNSUpdate and Issue of Equity
16th Jun 20111:59 pmRNSUpdate - Production and New Tenements
14th Jun 20114:40 pmRNSSecond Price Monitoring Extn
14th Jun 20114:35 pmRNSPrice Monitoring Extension
9th Jun 201111:46 amRNSUpdate - Macalder metallurgical testwork
2nd Jun 20113:48 pmRNSUpdate - Colombia and Migori - Replacement
2nd Jun 20113:00 pmRNSTotal Voting Rights - Replacement
2nd Jun 20117:48 amRNSUpdate - Colombia and Migori
24th May 20113:00 pmRNSTotal Voting Rights
24th May 201111:00 amRNSUpdate
13th May 20115:00 pmRNSUpdate - El Limon production
9th May 20117:26 amRNSUpdate and appointments
6th May 201110:37 amRNSDirector/PDMR Shareholding
4th May 201112:20 pmRNSConditional disposal
28th Apr 20113:00 pmRNSTotal Voting Rights
20th Apr 20114:40 pmRNSSecond Price Monitoring Extn
20th Apr 20114:35 pmRNSPrice Monitoring Extension
15th Apr 20115:03 pmRNSUpdate
14th Apr 20113:22 pmRNSIssue of Equity
4th Apr 201110:49 amRNSRSL joint venture; reduction JMS shareholding
31st Mar 20113:00 pmRNSTotal Voting Rights
31st Mar 20112:15 pmRNSAdviser appointment
30th Mar 20114:46 pmRNSKenya Exploration Update
30th Mar 20114:40 pmRNSSecond Price Monitoring Extn
30th Mar 20114:35 pmRNSPrice Monitoring Extension
30th Mar 201111:01 amRNSHalf Yearly Report
18th Mar 20117:00 amRNSIssue of Equity and Other Transactions
15th Mar 201110:44 amRNSUpdate re Jupiter Mines
11th Mar 20114:40 pmRNSSecond Price Monitoring Extn
11th Mar 20114:35 pmRNSPrice Monitoring Extension
8th Mar 20112:44 pmRNSAnnouncement re Red Rock Resources plc
8th Mar 201112:55 pmRNSAcquisition
3rd Mar 20119:54 amRNSOption and Earn-In Agreement
2nd Mar 20117:00 amRNSLoan Agreement, Sale of Investment
28th Feb 20112:00 pmRNSTotal Voting Rights
25th Feb 20117:38 amRNSDirectorate Change
15th Feb 20112:28 pmRNSUpdate and Result of Meeting
7th Feb 20117:00 amRNSIssue of Equity
31st Jan 20113:00 pmRNSTotal Voting Rights
31st Jan 201111:12 amRNSRE Jupiter Mines
28th Jan 20118:02 amRNSAnnouncement re Resource Star Limited
28th Jan 20117:00 amRNSUpdate
24th Jan 201112:15 pmRNSExercise of Options

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.