If you would like to learn more about future focusIR related events and roundtables, please submit your details 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
0.021    0.00 (0.00%)
Bid:
0.02
Ask:
0.022
Spread: 0.002 (10.00%)
Market Cap: £2.01m
RRR Live PriceLast checked at - London Stock Exchange

Intraday Red Rock Resources Share Chart

Issue of Equity

7 Jul 2010 11:58

RNS Number : 9715O
Red Rock Resources plc
07 July 2010
 



RED ROCK RESOURCES PLC

Issue of Equity

Dated: 7 July 2010

 

Red Rock Resources plc ("Red Rock" or the "Company") announces that YA Global Master SPV, LTD. ('YA Global'), which is advised by Yorkville Advisors LLC, has subscribed for 15,042,190 ordinary shares of 0.1 pence each ("Ordinary Shares") in the Company under the terms of the Standby Equity Distribution Agreement ("SEDA") between Red Rock and YA Global, announced on 1 May 2009, at a price of 1.615 pence per Ordinary Share (the "Subscription"). The proceeds of the Subscription are £242,931.37 before expenses, conditional on the new Ordinary Shares being admitted to trading on AIM, and will be utilized towards the repayment of the US$ 1.6 million short term loan provided by YA Global, the terms of which were announced by the Company on 28 April 2010.

 

Following the issue of the new Ordinary Shares the Company's total issued ordinary share capital will consist of 598,951,002 Ordinary Shares. Application has been made to the London Stock Exchange for the new Ordinary Shares, which 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 13 July 2010.

 

For further information contact:

Andrew Bell

0207 402 4580 or 07766 474849

 

Red Rock Resources plc

Chairman

Peter Trevelyan-Clark/ Ben Jeynes

 

020 7444 0800

Religare Capital Markets

Nominated Adviser

Nick Emerson

 

01483 413500

Simple Investments Ltd

Broker

Ron Marshman/ Justine James

020 7245 1100

Hansard Communications

Public Relations

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
 
 
IOESSIFSWFSSEIW
Date   Source Headline
25th Feb 20255:46 pmRNSIssue of Equity, Total Voting Rights
19th Feb 20256:05 pmRNS-RUpdate on DRC proceedings
4th Feb 202512:24 pmRNSHolding(s) in Company
31st Jan 202511:45 amRNSIssue of Shares and Warrants
29th Jan 20254:17 pmRNSDRC Update, Equity Issue, Convertible extension
24th Jan 20258:00 amRNSFollow up - DRC Arbitration
23rd Jan 20252:13 pmRNSHolding(s) in Company
21st Jan 20252:12 pmRNSHolding(s) in Company
15th Jan 20251:04 pmRNSFollow up - DRC
31st Dec 202410:42 amRNSIssue of Shares and Warrants, Total Voting Rights
13th Dec 20241:52 pmRNSFinal Results
11th Dec 20247:50 amRNSUpdate – Australian Gold Project
22nd Nov 20245:44 pmRNSHolding(s) in Company
18th Nov 20247:45 amRNSUpdate
6th Nov 20247:00 amRNSUpdate of Major Interests - Follow Up
23rd Oct 20247:00 amRNSIssue of Equity
14th Oct 20247:05 amRNS-RUpdate
10th Oct 20243:32 pmRNSResult of Meeting
7th Oct 20247:00 amRNSUpdate of major interests
27th Sep 202410:46 amRNSHolding(s) in Company
26th Sep 20244:37 pmRNSShare Subscription, TVR
23rd Sep 20242:45 pmRNSNotice of GM
16th Sep 20247:00 amRNSIvory Coast - Update
28th Aug 20245:02 pmRNSHolding(s) in Company
27th Aug 20247:00 amRNSShare Subscription
27th Aug 20247:00 amRNSReplacement: Extension of Convertible Notes
23rd Aug 20248:40 amRNSExtension of Convertible Notes, Issue of Shares
16th Aug 20244:28 pmRNSIssue of Equity, Total Voting Rights
16th Aug 202412:17 pmRNSUpdate on Australian Assets
30th Jul 202412:48 pmRNSHolding(s) in Company
15th Jul 20242:05 pmRNSHolding(s) in Company
10th Jul 202412:58 pmRNSHolding(s) in Company
4th Jul 20243:08 pmRNSShare Subscription, Total Voting Rights
3rd Jul 20246:26 pmRNSIssue of Equity, Total Voting Rights
26th Jun 20245:25 pmRNSHolding(s) in Company
19th Jun 202410:16 amRNSCompletion of Purchase and Issue of Shares
12th Jun 20243:30 pmRNSVictoria Gold Assets - update on Agreement
10th Jun 20241:48 pmRNSUpdate on Burkina Faso, Australia and DRC
10th Jun 20247:00 amRNSUpdate on Agreement
31st May 20242:32 pmRNSHolding(s) in Company
29th Apr 20248:19 amRNSUpdate
22nd Apr 20247:00 amRNSIssue of Equity, Directors' Dealings and TVR
11th Apr 20247:00 amRNSIssue of Equity
5th Apr 20247:00 amRNSDRC and Gold Assets Update
28th Mar 20247:00 amRNSHalf-year Report
13th Mar 20247:59 amRNSConditional agreement, Australian gold subsidiary
6th Mar 20247:00 amRNSDRC and Gold Assets Update
27th Feb 20247:00 amRNSCo-operation in Next Phase at Bilbale
20th Feb 20243:26 pmRNSHolding(s) in Company
19th Feb 20247:00 amRNSResult of AGM

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.