Issue of Equity and Total Voting RightsSource: RNS
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.