Update on Resource Star

RNS Number : 4336U

Red Rock Resources plc

16 October 2014

 



Red Rock Resources Plc

Update on Resource Star

16 October 2014

Red Rock Resources plc ("Red Rock"), the mining and exploration company with gold interests in Colombia, Kenya, and Ivory Coast, is pleased to announce an update in relation to the planned acquisition of Cloud Lands Digital Fortress Ltd ("Cloud Lands") by Resource Star Ltd (ASX:RSL)("RSL").

Highlights:

·     Two agreements signed with global IT services provider, Fujitsu Australia Limited ("Fujitsu")

·    Secure access to Fujitsu's top tier IT data service from Fujitsu's Perth data centre.

·    Open up a platform for Cloud Lands to become a leading cloud services provider to the rapidly growing SME market.

·    Leverage from Fujitsu Tier 1 expertise and knowledge in service fulfilment to deliver high security and high quality professional IT services to Cloud Lands

RSL Agreements with Fujitsu

Further to the announcements of 31 July 2014, 1 September 2014, and 15 October 2014, RSL has announced that it has signed two agreements with Fujitsu.

The first agreement with Fujitsu, a Master Services Agreement ("MSA"), provides Cloud Lands with access to Fujitsu's top tier professional IT services and on-going customer support. The agreement will take effect immediately.

The second agreement, which will become effective December 1, 2014, provides Cloud Lands with access to Fujitsu's premier data centre in Perth, WA. Under this agreement, Cloud Lands will seek to obtain sufficient space to house its cloud services platform, and will be provided access to Fujitsu's  fully managed, highly secure data centre, which meets critical data governance and compliance requirements.

Negotiations to finalise an agreement to access Fujitsu's Melbourne data centre are also under way.

The full text of the announcement can be found at: http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=rsl

Information on RSL

RSL is an Australian listed company in which Red Rock has 65.3m shares (an 18.6% holding) and 5.21m options exercisable at AUD 0.004. The last traded price for RSL shares was AUD 0.01.

For further information contact:

Andrew Bell 0207 747 9960 or 0776 647 4849                          Chairman Red Rock Resources Plc

Roland Cornish/Rosalind Hill Abrahams 0207 628 3396          NOMAD Beaumont Cornish Limited

Jason Robertson  0129 351 7744                                                  Broker Dowgate Capital Stockbrokers Ltd.

Rupert Trefgarne 0203 128 8817                                                   Media Relations MHP Communications

 

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