Update on Resource Star Share

RNS Number : 4006H

Red Rock Resources plc

19 February 2010

 



RED ROCK RESOURCES PLC

Update on Resource Star Limited Share Offer

Dated: 19 February 2010

Red Rock Resources plc ("Red Rock" or "RRR") announces that its 24.4% associated company Resource Star Limited (ASX: RSL), which is focussed on uranium exploration in Australia and Malawi, has today announced that its offer to raise capital under its replacement prospectus lodged 11 December 2009 (the "Offer") has now closed having raised above the minimum amount, with documentation anticipated to be lodged with ASX early next week.

Following the ASX listing of RSL, RRR will be interested in 12,895,295 RSL ordinary shares. This holding will represent between 20.0 per cent. and 24.9 per cent. of RSL's issued ordinary share capital on listing, depending on the level of valid acceptances under the Offer.

The text of the announcement may be accessed via: http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=rsl

Enquiries:

Red Rock Resources plc
Andrew Bell, Chairman	0207 402 4580/07766 474849
John Watkins	07768 512404
Nominated Adviser
Blomfield Corporate Finance Ltd
Peter Trevelyan-Clark/Ben Jeynes	020 7444 0800
Broker
Simple Investments Ltd
Nick Emerson, Renato Rufus	01483 413500
Public Relations
Lothbury Financial Limited
Ron Marshman	020 7011 9411

Updates on the Company's activities are regularly posted on its website, www.rrrplc.com.

 

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