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RNS Number : 2305H Golden Rock Global PLC 12 November 2025
12(th) November 2025
Golden Rock Global plc
(the "Company")
CONVERTIBLE NOTE OFFERING TO RAISE UP TO £1.1 MILLION
LONDON, November 12(th). (RNS) Golden Rock Global plc, ("GCG" or the
"Company") a Jersey registered Special Purpose Acquisition Company admitted to
the Equity Shares (Shell Companies) category of the Official List of the
Financial Conduct Authority and to the main market of the London Stock
Exchange plc is undertaking a fundraising of up to £1,100,000 in aggregate
principal by the issue of convertible loan notes due 2028 (the "Convertible
Notes") with a conversion price of £0.03 per ordinary share in the Company
(the "Ordinary Shares").
The Convertible Notes shall bear interest from (and including) the date of
their issue at the rate of 8% per annum, calculated by reference to the
principal outstanding of the Convertible Notes until their maturity or date of
repayment if earlier.
Noteholders will also receive one warrant for every two Ordinary Shares issued
as a result of the conversion of the Convertible Notes (the "CLN Warrants").
Each CLN Warrant provides the holder with the right to subscribe for one
Ordinary Share at a price of £0.03, exercisable for three years after
issuance.
To date the Company has entered into agreements raising an aggregate of
£855,000 of which funds have been received for £430,000.
GCG anticipates the closing of the CLN will take place on or around November
21(st), once the balance of the funds has been received the Company and will
update the market accordingly.
Enquiries
Golden Rock Global plc Email:John@croftinternationalpartners.com
Tel: 0778 531 5588
John Croft
The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.
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