Issue of Equity

RNS Number : 4717T

Red Rock Resources plc

29 September 2010

 



Red Rock Resources plc

Issue of Equity

29 September 2010

Red Rock Resources plc ("Red Rock" or the "Company") the gold mining and exploration company with projects in Kenya and Colombia, and interests in steel feed and uranium announces that it has issued 10,000,000 new ordinary shares of 0.1 pence each ("Placing Shares") in the Company at a price of 6 pence per Placing Share, to raise gross proceeds of £600,000, conditional on the Placing Shares being admitted to trading on AIM (the "Placing"). The proceeds of the Placing will be applied towards the Company's general working capital requirements.

Following the issue of the Placing Shares the Company's total issued ordinary share capital will be 653,388,780 ordinary shares of 0.1p. Application has been made to the London Stock Exchange for the Placing Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 4 October 2010.

Enquiries:

Andrew Bell	0207 402 4580 or 07766 474849	Red Rock Resources plc	Chairman
Sandra Spencer	0207 402 4580 or 07757 660 798	Red Rock Resources plc	Public and Investor Relations
Peter Trevelyan-Clark/ Ben Jeynes	020 7444 0800	Religare Capital Markets	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker

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

 

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