REG - Red Rock Resources - Follow up - DRC

Red Rock ResourcesAnnouncement

15/01/2025 13:15

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RNS Number : 4642T  Red Rock Resources plc  15 January 2025

Red Rock Resources PLC

("Red Rock" or the "Company")

Follow up - DRC

Conclusion of Arbitration

 

15 January 2025

 

Red Rock Resources Plc, ("Red Rock" or "the Company"), the natural resource
exploration and development company with interests in gold, base metals,
battery metals, and hydrocarbons principally in Africa and Australia
announces an update on the DRC further to its announcement of 6(th) November
2024.

Over the Christmas and New Year period Red Rock representatives met with
various parties in Kinshasa in connection with the pending Arbitration result
and to advance the framework agreement with Koto DRC SARL.

In relation to the former, Red Rock has received an official invitation from
the Cabinet du Chef d'Etat, which conducted the Arbitration, to a working
meeting of the parties next Wednesday, 22(nd) January 2025, at the Palais de
la Nation, with the intention that the matter be concluded and payments
arranged.

The Company will provide an update next week.

 

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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