REG - Rockfire Resources - Exercise of warrants and issue of equity

Rockfire ResourcesAnnouncement

11/08/2020 14:00

RNS Number : 8215V
  
Rockfire Resources PLC
  
11 August 2020
  
 

11 August 2020

 
Rockfire Resources plc
("Rockfire" or the "Company")
 
Exercise of warrants and issue of equity
 
Rockfire Resources plc (LON: ROCK), the gold and base-metal exploration company, announces it has made application to the London Stock Exchange for the admission to trading on AIM ("Admission") of 1,666,667 new ordinary shares of 0.1p in the Company ("New Ordinary Shares").
 
The New Ordinary Shares are being issued pursuant to the exercise of warrants to subscribe for Ordinary Shares at a price of 1p per Ordinary Share, generating proceeds of £16,666.67 for the Company. The warrants were issued as part of the placing of new Ordinary Shares completed in October 2019. Following this exercise there are 36,233,333 warrants to subscribe for ordinary shares in the Company outstanding.
 
The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares and Admission is expected to become effective on 17 August 2020.
 
Total Voting Rights
 
On Admission, the issued share capital of the Company will consist of 826,396,544 Ordinary Shares, with one voting right per share. As the Company does not hold any Ordinary Shares in treasury, the total number of Ordinary Shares and voting rights in the Company will be 826,396,544. From Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
 
For further information on the Company, please visit  www.rockfireresources.com  or contact the following: 
 



Rockfire Resources plc
David Price, Chief Executive Officer 
 


info@rockfireresources.com
 














Allenby Capital Limited (Nominated Adviser and Broker)


Tel: +44 (0) 20 3328 5656




Corporate Finance: John Depasquale / Asha Chotai
Equity Sales: Matt Butlin / Guy McDougall
 
 








Yellow Jersey


rockfire@yellowjerseypr.com




Sarah Hollins / Henry Wilkinson / Faye Calow


Tel: +44 (0) 20 3004 9512
 



 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
MSCGPUQCRUPUGPG