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

Placing

21 Jan 2014 07:00

RNS Number : 1068Y
Red Rock Resources plc
21 January 2014
 

Red Rock Resources Plc

("Red Rock" or the "Company")

Placing

21 January 2014

Red Rock announces that it has completed a placing with clients of Cornhill Capital Ltd. ('Cornhill') and others of 76,595,744 ordinary shares of 0.1 pence each ("Shares") in the Company at a price of 0.47p per Share (the "Placing"). For every two Shares subscribed under the Placing, each placee will receive one warrant to subscribe for a Share within 18 months of issue at a price of 0.6p per Share. The gross proceeds of the Subscription are £360,000.

 

53,617,021 Shares have been placed by Cornhill with certain private and fund clients.

 

Of the balance, Regency Mines plc will subscribe for 21,914,893 Shares in satisfaction of recharges of shared costs and Andrew Bell, a director of the Company, will subscribe for 1,063,830 Shares.

 

Following the Placing, Regency Mines plc holds 167,679,559 Shares (10.98%), and Andrew Bell holds 2,110,734 Shares, of which 1,063,830 are held directly and 1,046,904 are held indirectly (906,904 by the Share Incentive Plan Trustees and 140,000 by Beaufort Nominees Ltd).

 

The proceeds of the Placing are being applied towards repayments and working capital.

 

Following the Placing, the Company's total issued ordinary share capital will be 1,527,166,289 ordinary shares of 0.1p. Application has been made to the London Stock Exchange for the 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 24 January 2014.

 

 

 

For further information contact:

 

Andrew Bell0207 747 9990 or 0776 647 4849 Chairman Red Rock Resources plc

Colin Aaronson / David Hignell 0207 383 5100 NOMAD Grant Thornton UK LLP

Nick Emerson 01483 413500 Broker SI Capital Ltd.

Guy Wheatley 0207 382 8416 Joint Broker Beaufort Securities Ltd

Rupert Trefgarne 0203 128 8817 Media Relations MHP Communications

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEVBLFLZFFXBBK
Date   Source Headline
3rd Apr 20237:00 amRNSHalf-year Report
31st Mar 20234:27 pmRNSTotal Voting Rights
28th Mar 20237:00 amRNSEIA submitted for Zimbabwe lithium mining project
15th Mar 20232:36 pmRNSIssue of Equity
15th Mar 202312:15 pmRNSVictoria Goldfields, Australia - drilling update
8th Mar 20237:00 amRNSAsset Review and Current Developments
24th Feb 202310:05 amRNSIssue of Equity
16th Feb 202310:00 amRNSVictoria Goldfields - Beringa Update
10th Feb 20235:26 pmRNSResult of AGM
6th Feb 202311:00 amRNSPrice Monitoring Extension
11th Jan 20234:50 pmRNSNotice of AGM
9th Jan 202311:00 amRNSVictoria Goldfields Australia - Update
6th Jan 20237:00 amRNSBurkino Faso Exploration Update - Bilbale Project
29th Dec 202212:14 pmRNSFinal Results
19th Dec 202212:39 pmRNSDevelopment of Lithium Assets
16th Dec 202211:05 amRNSSecond Price Monitoring Extn
16th Dec 202211:00 amRNSPrice Monitoring Extension
15th Dec 20227:00 amRNSFund Raising
13th Dec 20227:00 amRNSDrilling begins at Historic Berringa Gold Mine
8th Dec 20222:16 pmRNSResult of Meeting
23rd Nov 20222:50 pmRNSNotice of GM
22nd Sep 20222:30 pmRNSAcquisition of Berringa Gold Mine Complete
21st Sep 20226:21 pmRNSPlacing, Appointment of Joint Broker and TVR
5th Sep 20227:00 amRNSUpdate on drilling at Bilbale
19th Aug 202210:41 amRNSSecond Tranche of CLNs and Warrants
15th Aug 20224:12 pmRNSResult of Meeting
10th Aug 202211:10 amRNSDirector/PDMR Shareholding
8th Aug 202210:17 amRNSDirector/PDMR Shareholding
5th Aug 20227:00 amRNSAsset Review and Current Developments
1st Aug 20222:00 pmRNSAssessment of Ajax Mine Potential
28th Jul 20227:00 amRNSNotice of GM
25th Jul 20227:00 amRNSIssue of convertible notes and warrants
6th Jul 20222:00 pmRNSVictoria Gold JV - Berringa Mine Acquisition
4th Jul 202212:48 pmRNSTotal Voting Rights
27th Jun 20223:30 pmRNSKimono Cobalt Project, DRC
13th Jun 20222:30 pmRNSDrill Results from Mt Bute, Victoria, Australia
8th Jun 20225:52 pmRNSIssue of Equity and Total Voting Rights
24th May 20227:00 amRNSVictoria Gold JV - Key Licence granted
6th May 20224:03 pmRNSIssue of Equity, Director/PDMR Holdings, TVR
6th May 20221:33 pmRNSLithium Update
29th Apr 20227:00 amRNSHalf-year Report
12th Apr 20222:00 pmRNSUpdate on Gold Exploration in Victoria
7th Apr 20224:41 pmRNSSecond Price Monitoring Extn
7th Apr 20224:36 pmRNSPrice Monitoring Extension
31st Mar 202211:31 amRNSResult of AGM
31st Mar 202210:27 amRNSLithium Subsidiary Established, Assets Acquired
24th Mar 20227:00 amRNSAsset Review and Interims Update
22nd Mar 20227:00 amRNSMikei Gold Project - Drill Programme Assay Results
14th Mar 20226:22 pmRNSDirector/PDMR Shareholding
7th Mar 20224:05 pmRNSNotice 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.