Exercise of warrants and issue of equity

RNS Number : 6116Z
Rockfire Resources PLC
21 September 2020
 

 21 September 2020

Rockfire Resources plc

("Rockfire" or the "Company")

 

Exercise of warrants and issue of equity

 

Rockfire Resources plc (LON: ROCK), the gold and base-metal exploration company, announces it has made application to the London Stock Exchange for the admission to trading on AIM ("Admission") of 3,666,667 new ordinary shares of 0.1p in the Company ("New Ordinary Shares").

 

The New Ordinary Shares are being issued pursuant to the exercise of warrants to subscribe for Ordinary Shares at a price of 1p per Ordinary Share, generating proceeds of £36,666.67 for the Company. Following this exercise there are 30,899,999 warrants outstanding to subscribe for ordinary shares in the Company.

 

The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares and Admission is expected to become effective on 25 September 2020.

 

Total Voting Rights

 

On Admission, the issued share capital of the Company will consist of 831,729,878 Ordinary Shares, with one voting right per share. As the Company does not hold any Ordinary Shares in treasury, the total number of Ordinary Shares and voting rights in the Company will be 831,729,878. From Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

For further information on the Company, please visit  www.rockfireresources.com  or contact the following: 

 

Rockfire Resources plc

David Price, Chief Executive Officer 

info@rockfireresources.com

 



Allenby Capital Limited (Nominated Adviser and Broker)

Tel: +44 (0) 20 3328 5656

Corporate Finance: John Depasquale / Asha Chotai

Equity Sales: Matt Butlin / Guy McDougall 

 


Yellow Jersey

rockfire@yellowjerseypr.com

Sarah Hollins / Henry Wilkinson / Faye Calow

Tel: +44 (0) 20 3004 9512

 

 

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