Red Rock Resources plc has issued 95,238,095 ordinary shares of £0.0001 each in the company to settle a loan of £20,000. HOUSING JV Following admission, the company’s total issued share capital will comprise 9,675,142,514 ordinary shares, each with equal voting rights and none held in treasury. Red Rock’s interests are in gold and base metals, […]
Tag: arbitration award
Red Rock issues 177m new shares
Red Rock Resources plc has issued 176,984,142 new ordinary shares of 0.01 pence each, at 0.021 pence per share, to convert a £27,666.67 loan and £9,500 of commission invoices. TVRs Following admission, the company’s total issued share capital will comprise 9,579,904,419 ordinary shares. All of the ordinary shares have equal voting rights with none held in […]
Ascent nears award against Slovenia
Ascent Resources plc could soon receive an arbitration award in relation to the Petišovci gas joint venture in Slovenia. ECT The company registered its claim with the International Centre for Settlement of Investment Disputes against the Slovenian Government. Ascent said in a statement: “The company has received an update from the International Centre for Settlement […]
Rockhopper to raise $140m
Rockhopper Exploration plc plans to raise up to US$140 million (£105m) from “new Israeli-based institutional investors” and “larger existing shareholders” for its share of the Sea Lion oil project’s first phase development. PLACINGS The company holds 35% of the North Falkland Basin field and needs $127m for phase I of operations. Rockhopper has received “firm […]
Red Rock issues 57m shares for cash advances
Red Rock Resources plc has issued 57,142,856 new ordinary shares of 0.01 pence each in the company at a subscription price of 0.035 pence per share, with 57,142,856 attached warrants, to convert cash advances. TVRs A total of 14,285,714 warrants expire will expire on 9 March 2028 and 42,857,142 warrants on 18 May 2028, exercisable at a […]
Red Rock talks on DRC award affected by unrest
Red Rock Resources plc said it remained confident of reaching a settlement on its arbitration award in the Democratic Republic of Congo despite unrest in the country. PRIORITY The company was due to meet its local partner this week to try to reach an agreement. However “military developments” in the east of the country and […]