Red Rock Resources plc has issued for cash 100 million new ordinary shares of 0.01 pence each in the company at a subscription price of 0.03 pence per share to settle professional fees. TVRs Following admission, the company’s issued ordinary share capital will comprise 7,254,032,374 ordinary shares. All of the ordinary shares have equal voting […]
Tag: Red Rock Resources plc
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 issues 427m shares to settle debt
Red Rock Resources plc has issued 426,829,268 ordinary shares of £0.0001 each in the company to settle a £175,000 debt, at a price of 0.041p per share. TVRs Following admission, the company’s issued ordinary share capital will total 7,096,889,518, each with equal voting rights. The company holds no shares in treasury. Red Rock, with assets […]
Red Rock issues 147.6m shares
Red Rock Resources plc has issued 146,636,298 ordinary shares of £0.0001 each under its share incentive plan for the 2024-25 tax year as agreed by the trustees on 1 April 2025. DIRECTORS The company’s directors participated in the shares purchase and award of 82,943,994 of the new ordinary shares. Chairman and chief executive Andrew Bell received 27,692,306 […]
Red Rock pursues DRC arbitration
Red Rock Resources plc said it remained on course with its arbitration proceedings in the Democratic Republic of Congo, despite conflict and demonstrations. PARTNERS Chairman Andrew Bell added: “Inevitably the invasion in the east of the country has been a distraction and caused delay, including days when offices were shut and flights cancelled. “By maintaining […]
Red Rock issues 53.6m shares for cash advances
Red Rock Resources plc has issued in aggregate 53,571,428 shares and an equal number of accompanying warrants to convert cash advances. A total 28,571,428 new ordinary shares of 0.01 pence each at a subscription price of 0.035 pence per share, with 28,571,428 warrants, are to convert a £10,000 advance from an existing shareholder. The warrants are […]