Red Rock Resources
PLC
("Red Rock" or the
"Company")
Share
Subscription
4
July 2024
Red Rock Resources Plc, the natural
resource exploration and development company with interests in gold, base metals,
battery metals, and hydrocarbons principally in Africa and
Australia, announces the issue of
405,175,088 new Ordinary Shares
("Shares") in Red Rock at a
subscription price of 0.045 pence per Share pursuant to a
subscription in conversion of £182,328.79 of debt.
Company Chairman Andrew Bell
states: "A shareholder and lender to Red Rock has
converted £182,328.79 debt into shares which he has confirmed to us
he intends to hold in his ISA account for the long term. He has
also indicated his support in respect of his remaining lending. We
appreciate his longstanding support for the Company and its
prospects."
Admission to Trading on AIM and Total Voting
Rights
Application is being made for
405,175,088 Shares to be admitted to trading on AIM, the admission
of which it is expected on or around 10 July 2024.
In accordance with the provision of
the Disclosure Guidance and Transparency Rules of the Financial
Conduct Authority, the Company confirms that, following the issue
of the Placing Shares, its issued ordinary share capital will
comprise 4,785,820,566 ordinary shares.
All of the ordinary shares have
equal voting rights and none of the ordinary shares are held
in Treasury. The total number of voting rights in the Company
will therefore be 4,785,820,566. The above figure may be used
by shareholders as the denominator for the calculations to
determine if they are required to notify their interests in, or
change to their interest in, the Company.
For
further information, please contact:
Andrew Bell 0207 747
9990
Chairman Red Rock Resources
Plc
Roland Cornish/ Rosalind Hill Abrahams
0207 628
3396
NOMAD Beaumont Cornish
Limited
Bob
Roberts 0203
8696081
Broker Clear Capital
Corporate Broking
This announcement contains
inside information for the purposes of Article 7 of Regulation
2014/596/EU, which is part of domestic UK law pursuant to the
Market Abuse (Amendment) (EU Exit) regulations (SI
2019/310) and is disclosed in
accordance with the Company's obligations under Article
17.
Beaumont Cornish Limited ("Beaumont
Cornish") is the Company's Nominated Adviser and is authorised and
regulated by the FCA. Beaumont Cornish's responsibilities as the
Company's Nominated Adviser, including a responsibility to advise
and guide the Company on its responsibilities under the AIM Rules
for Companies and AIM Rules for Nominated Advisers, are owed solely
to the London Stock Exchange. Beaumont Cornish is not acting for
and will not be responsible to any other persons for providing
protections afforded to customers of Beaumont Cornish nor for
advising them in relation to the proposed arrangements described in
this announcement or any matter referred to in it.