Red Rock Resources plc has issued 5,038,253 ordinary shares of £0.0001 each in the company under its share incentive plan (SIP) for the 2021/22 tax year. DIRECTORS’ PARTICIPATION The company said that this was agreed by the trustees in their meeting held on 1 April 2022 and approved by the board of directors yesterday, 5 May. Four directors […]
Tag: Red Rock Resources plc
Red Rock attracts $100,000 investment for Zimbabwe lithium project
Red Rock Resources plc said that a group of high net worth investors had acquired a 10% early stage interest for US$100,000 in the company’s lithium project in Zimbabwe. APPLICATIONS The funds will develop the company’s 75% subsidiary African Lithium Resources Pvt Ltd (ALR) which it established in March. Red Rock recently submitted an application […]
Red Rock sets up 75%-owned zimbabwe lithium subsidiary
Red Rock Resources plc has established a 75% owned lithium subsidiary and acquired lithium assets in southeast Zimbabwe. BIKITA The company owns African Lithium Resources Pvt Ltd (ALR) with a local partner. ALR has acquired a 51ha lithium claim, named Houghton C, 29km northwest of Bikita at Tin Hill and is in the process of […]
Red Rock notes solid progress from results at Mikei gold project
Red Rock Resources plc reported solid progress following results from its second batch of 1,365 samples from the mid KKM prospect of the Mikei gold project (MGP) in Kenya. PROGRAMME The results are from Phase I reverse circulation (RC) drilling exploration at the company’s 100% beneficially owned project. The programme comprised 20 drill holes for […]
Red Rock drill results exceed expectations at Luanshimba
Red Rock Resources plc said results from reverse circulation (RC) drilling exceeded its expectations at the Luanshimba copper-cobalt project in the Haut-Katanga Province, Democratic Republic of Congo. PROGRAMME The Luanshimba project is operated by Red Rock Galaxy SA , an 80% owned Congolese subsidiary of Red Rock. Three prospects now named as Kilembwe (18 holes), […]
Red Rock receives £2,025 via options exercise
Red Rock Resources plc raised £2,025 after issuing 450,000 ordinary shares of £0.0001 each in the company. This is pursuant to the exercise of 2016 options into ordinary shares of the company at an exercise price of £0.0045 per ordinary share.