Firering Strategic Minerals: From explorer to producer. Watch the video 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)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0425
Bid: 0.04
Ask: 0.045
Change: 0.00 (0.00%)
Spread: 0.005 (12.50%)
Open: 0.0425
High: 0.045
Low: 0.0425
Prev. Close: 0.0425
RRR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Issue of Equity and TVR

31 Oct 2017 07:00

RNS Number : 0243V
Red Rock Resources plc
31 October 2017
 

Red Rock Resources PLC

("Red Rock" or the "Company")

 

Shares Issue

Total Voting Rights

31 October 2017

Red Rock Resources Plc, the natural resource development company with interests in gold, manganese and oil production, announces that it has issued 4,500,000 ordinary shares in the Company at 0.60p per ordinary share in settlement of obligations to Kansai Mining Corporation Limited ("Kansai") under the agreement announced on 26 June 2015 in relation to the Company's Kenyan interests.

The commitment to pay Kansai an initial amount of £25,000 arising under that agreement is to be settled by the issue of 4,500,000 shares in RRR which equates to £27,000 and includes a notional charge for interest since June 2015.

The Company's Kenyan assets were held at a book value of £971,818 as at 30th June 2016 following impairment charges. The Company instituted an action for Judicial Review in relation to these assets in May 2015 which is continuing.

Andrew Bell, Chairman, comments: "The Company will continue to maintain its rights in the interests of our shareholders as we believe that we have a strong case that must sooner or later prevail. We are in parallel exploring options that might result in an earlier outcome beneficial to all parties. Everybody wants to see these assets developed and brought into production."

Admission to trading on AIM and Total Voting Rights (TVR)

Application has been made to AIM for 4,500,000 new Ordinary Shares to be admitted to trading on AIM. Admission of the 4,500,000 new Ordinary Shares is expected on or around 3 November 2017.

Following the issue of the 4,500,000 new Ordinary Shares, the issued share capital of the Company consists of 483,417,740 ordinary shares of 0.01p each with voting rights. No Ordinary Shares are held in Treasury.

The above figure of 483,417,740 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc

Scott Kaintz 0207 747 9990 Director Red Rock Resources Plc

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

Neil Badger 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEURUWRBBAROAA
Date   Source Headline
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
8th Aug 20135:23 pmRNSIssue of Shares and Convertible Note
8th Aug 20135:21 pmRNSHolding(s) in Company and Change of Name of Broker
5th Aug 20134:35 pmRNSUpdate
2nd Aug 20138:54 amRNSResource Star Ltd - Binding Term Sheet Signed
23rd Jul 201312:51 pmRNSUpdate
5th Jul 20139:07 amRNSFurther sale of shares in Jupiter Mines
2nd Jul 201310:22 amRNSBoard Change
12th Jun 20133:19 pmRNSKenya update
13th May 20137:00 amRNSPlacement of Shares
9th May 20132:24 pmRNSUpdate
4th Apr 20134:34 pmRNSIssue of Shares under Share Incentive Plan
4th Apr 201311:36 amRNSIssue of Equity
28th Mar 20137:01 amRNSHalf Yearly Report
11th Mar 20135:50 pmRNSIssue of Equity
18th Feb 20134:35 pmRNSPrice Monitoring Extension
8th Feb 20135:53 pmRNSUpdate on Proposed Sale of Interest in Greenland
1st Feb 20134:35 pmRNSPrice Monitoring Extension
1st Feb 20134:28 pmRNSIssue of Equity
29th Jan 20136:01 pmRNSGrant of Options
11th Jan 20135:55 pmRNSAdmission of Shares - Replacement
8th Jan 201312:55 pmRNSUpdate on Greenland and Jupiter
21st Dec 201211:05 amRNSOperational Update
20th Dec 20125:30 pmRNSPlacement of Shares and Loan Refinancing
19th Dec 20125:49 pmRNSPlacement of Shares
19th Dec 20125:49 pmRNSGreenland Havik JORC Mineral Resource Estimate
17th Dec 20127:00 amRNSIssue of Equity
14th Dec 20122:13 pmRNSKenya update
6th Dec 20125:14 pmRNSGreenland update
29th Nov 20121:51 pmRNSResult of AGM
28th Nov 201212:01 pmRNSProposed Sale of Interest in NAMA Greenland Ltd.
21st Nov 201212:43 pmRNSJupiter Mines update
21st Nov 201211:15 amRNSIssue of Equity
14th Nov 201212:09 pmRNSUpdate
8th Nov 20121:59 pmRNSJupiter Mines - Mt Ida Project Update

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.