Extension of Exclusivity - Colombia

RNS Number : 8437O

Red Rock Resources plc

12 August 2014

 



Red Rock Resources Plc

("Red Rock" or the "Company")

Extension of Exclusivity - Colombia

12^th August 2014

Red Rock Resources plc, the mining and exploration company with gold interests in Colombia, Kenya, and Ivory Coast, announces an update in relation to the proposed sale of its Colombian interests to Nicaragua Milling Company Limited ("NMC").

Further to the Company's announcement of 25th July 2014, NMC has exercised its option to pay a further non-refundable fee of USD 50,000 to initiate a second due diligence exclusivity period of 30 days which will run until 10th September 2014.

For further information contact:

Andrew Bell 0207 747 9990 or 0776 647 4849                   Chairman Red Rock Resources plc

Colin Aaronson / David Hignell 0207 383 5100               NOMAD Grant Thornton UK LLP

Neil Badger 01293 517744                                               Broker Dowgate Capital Stockbrokers Ltd 

Rupert Trefgarne 0203 128 8817                                       Media Relations MHP Communications

 

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