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Market Cap: £2.44m
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Update

30 Aug 2013 17:02

RNS Number : 9252M
Red Rock Resources plc
30 August 2013
 



Red Rock Resources plc

("Red Rock" or the "Company")

Update

 

30 August 2013

Red Rock Resources Plc, the mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia, and advanced gold and copper exploration in Kenya, announces an update on operations and developments.

Greenland

Further to the Company's announcement on 5 August 2013, in relation to an offer by a third party for a controlling interest in Nama Greenland Limited a company 60% owned by Red Rock (the "Offer"), the Company has been advised that the transaction has been proceeding on track, and the Company will make a further announcement next week.

Resource Star Limited

 

Further to the Company's announcement on 5 August 2013, Resource Star Limited (ASX:RSL), where Red Rock holds 38.6% of the issued shares, had announced a transaction whereby it would buy in to a rework programme on Texan oil wells, and the due diligence is being conducted by Red Rock. The due diligence team has mobilised to Texas and started work. The transaction is subject to approval by Resource Star shareholders.

 

Colombia

 

Further to the Letter of Intent issued by Ashmont Resources Corporation on 17 July 2012, in relation to a proposed disposal of the Company's interest in Four Points Mining Ltd, whose principal asset is the El Limon gold mine in Antioquia, Colombia, Ashmont is preparing to visit the mine next week and, subject to agreement with Red Rock, to issue a definitive term sheet for the purchase.

 

Enquiries:

Andrew Bell

020 7747 9990 or

07766 474849

Red Rock Resources plc

Chairman

Sandra Spencer

020 7747 9990 or

07757 660798

 

Red Rock Resources plc

Press Relations

Colin Aaronson/David Hignell/Ed Thomas

020 7383 5100

Grant Thornton

UK LLP

 

Nominated Adviser

 

Nick Emerson

01483 413500

SI Capital Ltd

Broker

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFIRTLIIVIV
Date   Source Headline
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
14th Feb 202412:21 pmRNSDRC and Australia Gold Asset Update
7th Feb 20246:10 pmRNSHolding(s) in Company

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