Receipt of Dividend from Jupiter Mines

RNS Number : 8208D

Red Rock Resources plc

12 October 2018

 

Red Rock Resources plc

("Red Rock " or the "Company")

Receipt of Dividend from Jupiter Mines

12 October 2018

Further to the announcement of 17 September 2018, Red Rock Resources Plc, the natural resource development company with interests in gold and steel feed materials, announces that Red Rock has received a US$658,545.69 dividend from Jupiter Mines Limited ("Jupiter", ASX:JMS), in respect of the first half of Jupiter's financial year, which ran from 1^st March 2018.

Jupiter is an Australian public company in which Red Rock holds 18,524,914 shares (0.95%) and which owns 49.9% of the Tshipi manganese mine.

Red Rock notes that the manganese price has strengthened in the second half of Jupiter's financial year, and the price for 37% ore currently stands at US$6.22 per dry metric ton unit (DMTU) FOB Port Elizabeth.

For further information, please contact:

Andrew Bell 0207 747 9990                                                       Chairman Red Rock Resources Plc

Scott Kaintz 0207 747 9990                                                        Director 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

 

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