Source - LSE Regulatory
RNS Number : 1190K
Red Rock Resources plc
22 August 2023
 

Red Rock Resources PLC

("Red Rock" or the "Company")

Issue of Shares upon Exercise of Convertible Loan Notes

Total Voting Rights

 

22 August 2023

 

Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, copper, cobalt, lithium and other minerals, announces that it has received notice of conversion of £52,509.60 of Convertible Loan Notes, inclusive of interest, into 26,000,000 ordinary shares at a price of £0.0020196 per share.

 

Red Rock also announces the issue of 50m warrants exercisable into new ordinary shares for 2 years at 0.2p to an unsecured lender, subject to a grant of authority at the next General Meeting of the Company.

 

Admission to Trading on AIM and Total Voting Rights

 

Application is being made for 26,000,000 Shares to be admitted to trading on AIM, the admission of which it is expected on or around 29 August 2023.

 

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 Shares, its issued ordinary share capital will comprise 2,570,097,791 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 2,570,097,791. 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

Bob Roberts 0203 8696081                                                        Joint 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.

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCDZGZRDZLGFZM
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Red Rock Resources PLC (RRR)

0p (0.00%)
delayed 10:43AM