REG - Red Rock Resources - Issue of Equity and Total Voting Rights

Red Rock ResourcesAnnouncement

08/06/2022 18:00

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RNS Number : 2261O  Red Rock Resources plc  08 June 2022

Red Rock Resources Plc

("Red Rock" or the "Company")

 

Issue of Shares

Total Voting Rights

 

 

8 June 2022

 

Red Rock Resources Plc, the natural resource development company focussed on
gold, with developing interests in copper, cobalt, and other minerals,
announces that on 8 June 2022, the Board of Directors approved the issuance of
28,280,169 new ordinary shares of £0.0001 each in the Company ("Shares") in
repayment of debt and in respect of professional services at a price of
0.38288 per Share for gross proceeds of £108,280.

 

At the same time, 9,232,392 warrants, each giving the right to buy one Share
at a price of 0.45492 per Share for a period of 36 months, have been issued.

 

Admission to Trading on AIM and Total Voting Rights

 

Application is being made to AIM for 28,280,169 Shares to be admitted to
trading on AIM, the admission of which it is expected on or around 15 June
2022.

 

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 New Ordinary Shares, its issued ordinary share capital will
comprise 1,256,147,223 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 1,256,147,223. 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

Jason Robertson 0207 374
2212
  Broker First Equity
Limited
 

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.

 

 

 

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