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Update

27 May 2015 10:10

RNS Number : 3459O
Red Rock Resources plc
27 May 2015
 

Red Rock Resources Plc

("Red Rock" or the "Company")

Update

 

27 May 2015

 

Red Rock Resources plc, the mining and exploration company with interests in gold in Africa and investments in other mineral assets, announces an update.

 

Colombia

 

Further to the announcement of 15 May 2015 in relation to the Company's sale of its Colombian gold assets, Red Rock announces that the remainder of the first tranche of consideration monies, amounting to USD 450,000, has been paid by the purchaser and the completion documents have been released from escrow, completing the sale process.

 

Kenya

 

Further to the Company's announcement of 7 May 2015 that Red Rock's local partner in Kenya, Mid Migori Mining Ltd ("MMM"), had been advised by the Ministry of Mines of the termination of its Special Licenses numbers 122 and 202 ("the SLs"), the Company has obtained from the High Court in Kenya Orders granting it and MMM leave to institute judicial review proceedings for orders of Certiorari, Prohibition and Mandamus, and ordering meanwhile a stay on the implementation of the Ministry's decision.

 

 

For further information, please 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 Pickel 0203 128 8817 Media Relations MHP Communications

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLIFIAEAIDFIE
Date   Source Headline
1st Aug 20147:00 amRNSUpdate - Resource Star Limited
25th Jul 201412:09 pmRNSSale of Colombian Interests - Update
18th Jul 20145:13 pmRNSSale of Colombian Interests - Update
10th Jul 201411:01 amRNSHolding(s) in Company
25th Jun 20145:23 pmRNSHolding(s) in Company
25th Jun 20147:00 amRNSConvertible Bond Conversion
12th Jun 20147:00 amRNSHolding(s) in Company
10th Jun 20147:00 amRNSHolding(s) in Company
6th Jun 20147:00 amRNSJupiter Mines Ltd Update
2nd Jun 201412:43 pmRNSHolding(s) in Company
30th May 20145:44 pmRNSConvertible Loan Note Conversion & Issue of Equity
29th May 201411:53 amRNSPositive Update From Migori Project, Kenya
13th May 20147:00 amRNSProposed Sale of Colombian Interests
8th May 20147:00 amRNSHolding(s) in Company
2nd May 20141:15 pmRNSUpdate - Colombia
30th Apr 201412:36 pmRNSIssue of Convertible Note
28th Apr 20149:48 amRNSHolding(s) in Company
8th Apr 20144:56 pmRNSHolding(s) in Company
8th Apr 20144:41 pmRNSUpdate - Resource Star Limited
7th Apr 20146:19 pmRNSIssue of shares under SIP and Directors' Dealings
4th Apr 20145:33 pmRNSUpdate - Ivory Coast Exploration and Other
31st Mar 20147:00 amRNSInterim Results
4th Mar 201410:13 amRNSPrivate Placing and Exploration Investment
24th Feb 20145:53 pmRNSConvertible Bond Conversion
30th Jan 20143:01 pmRNSIssue of Shares under SIP and Directors' Dealings
24th Jan 20145:54 pmRNSConvertible Bond Conversion
21st Jan 20147:00 amRNSPlacing
17th Jan 201412:26 pmRNSUpdate - Kenya and Colombia
14th Jan 20145:11 pmRNSInvestment in Jupiter Mines Shares
31st Dec 201311:57 amRNSDirectorate Change
30th Dec 20131:01 pmRNSResult of AGM
20th Dec 201312:58 pmRNSCompletion of two year bond issuance
11th Dec 201310:48 amRNSExploration Update - Migori Project, Kenya
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
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14th Nov 20131:59 pmRNSIssue of Shares & Purchase of Jupiter Mines Shares
8th Nov 20131:14 pmRNSUpdate
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9th Oct 20134:40 pmRNSUpdate
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20th Sep 20135:08 pmRNSGreenland Update
18th Sep 20135:43 pmRNSIssue of Convertible Note. Cancellation of options
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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

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