Stmnt re Share Price Movement

Golden Rock Global plc

("Golden Rock or the "Company")

The Broad of Golden Rock has noticed the volatility and recent rise in the Company's share price and would like to make the following statement.

We are not aware of any reason for the recent rise in the share price but would like to confirm that the Company is in early stage discussions with a number of parties regarding potential acquisitions. Any acquisition, if completed, would constitute a Reverse Takeover. 

We feel that the Company's current share price is undervalued and would be looking to conclude any acquisition at a valuation that would represent fairer value to shareholders. 

The Board will make further announcements in line with itsregulatory requirements.