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    0.0035 (15.91%)
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
15th Feb 20224:41 pmRNSSecond Price Monitoring Extn
15th Feb 20224:36 pmRNSPrice Monitoring Extension
15th Feb 20222:06 pmRNSSecond Price Monitoring Extn
15th Feb 20222:01 pmRNSPrice Monitoring Extension
15th Feb 202212:52 pmRNSCopper and Cobalt Drilling in DRC
4th Feb 20227:00 amRNSAsset Review and Current Developments
28th Jan 20227:00 amRNSIssue of Equity, Exercise of Options, TVR
25th Jan 20227:00 amRNSOption Exercise, Directors' Dealings and TVR
19th Jan 20227:00 amRNSJudgement for Damages Obtained in DRC
7th Jan 20227:00 amRNSKenya Exploration Update
6th Jan 202211:26 amRNSLicences obtained at Bilbale and Boulon
6th Jan 20227:00 amRNSDRC Update
29th Dec 202112:21 pmRNSFinal Results
15th Dec 20217:00 amRNSDrilling starts in Victoria, Grant of New Licence
8th Dec 20217:00 amRNSKenya Exploration Update
7th Dec 202111:00 amRNSUpdate on Australian Joint Venture Subsidiary
16th Nov 20217:00 amRNSSummary of Gold Exposure
16th Nov 20217:00 amRNSDRC Projects Update
28th Oct 20219:54 amRNSHolding(s) in Company
28th Oct 20219:00 amRNSPrice Monitoring Extension
18th Oct 20219:44 amRNSLicence applications by Cote d'Ivoire subsidiary
11th Oct 20217:00 amRNSDRC Project - interim update
29th Sep 20217:00 amRNSInvestments Update
21st Sep 20214:11 pmRNSUpdate on Power Metal Resources and Australian JV
16th Sep 20213:40 pmRNSRRAL - historic mine workings, Victoria, Australia
16th Sep 202112:11 pmRNSPrice Monitoring Extension
16th Sep 202112:10 pmRNSSecond Price Monitoring Extn
16th Sep 20217:00 amRNSKenya Exploration Update
15th Sep 20214:41 pmRNSSecond Price Monitoring Extn
15th Sep 20214:36 pmRNSPrice Monitoring Extension
10th Sep 20211:45 pmRNSCompany Broker
27th Aug 20219:26 amRNSHolding(s) in Company
13th Aug 202111:05 amRNSSecond Price Monitoring Extn
13th Aug 202111:00 amRNSPrice Monitoring Extension
12th Aug 202110:52 amRNSDirector/PDMR Shareholding
10th Aug 20216:23 pmRNSKenya Exploration Update
9th Aug 202110:55 amRNSDRC Copper-Cobalt project - drilling update
9th Aug 20217:00 amRNSAustralian Gold Joint Venture update
26th Jul 20217:00 amRNSDirectorate Change
30th Jun 20215:47 pmRNSTotal Voting Rights
30th Jun 20219:34 amRNSDrilling contract awarded at Mikei Gold Project
29th Jun 20217:00 amRNSDrill Programme at DRC Copper-Cobalt Project
22nd Jun 20212:40 pmRNSHolding(s) in Company
10th Jun 20214:19 pmRNSHolding(s) in Company
4th Jun 20217:00 amRNSExercise of Warrants and Total Voting Rights
25th May 20217:00 amRNSDrill Programme to start at DRC Prospect
14th May 202111:55 amRNSInvestee update - Juno Minerals
10th May 20217:00 amRNSInvestee Entity Update - Elephant Oil Limited
30th Apr 20215:38 pmRNSTotal Voting Rights
29th Apr 20213:00 pmRNSUpdate: Australia

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.