REG - Red Rock Resources - Share Subscription

Red Rock ResourcesAnnouncement

27/08/2024 07:00

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RNS Number : 6856B  Red Rock Resources plc  27 August 2024

Red Rock Resources PLC

("Red Rock" or the "Company")

Share Subscription

 

27 August 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 44,444,444 new
Ordinary Shares ("Shares") in Red Rock at a subscription price of 0.045 pence
per Share, pursuant to a subscription in conversion of an advance of £20,000
by an existing shareholder.

 

Admission to Trading on AIM and Total Voting Rights

 

Application is being made for 44,444,444 Shares to be admitted to trading on
AIM, the admission of which it is expected on or around 2 September 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 Shares, its issued ordinary share capital will comprise
5,004,338,042 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 5,004,338,042.  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.

 

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