(Alliance News) - Rockfire Resources PLC on Tuesday said a survey at the Gkagkania prospect within the Molaoi licence in Greece has found a second zinc zone. Read More
Rockfire Resources PLC - Greece and Australia-focused gold, base metal and critical mineral exploration company - Says it has conditionally raised GBP660,000 through a placing of 550 million new shares at 0.12 pence per share. Rockfire says the net proceeds will be used for ongoing working capital requirements and to continue development at its Molaoi zinc/silver/lead/germanium project in Greece. The firm says it is separately undertaking a retail offer for existing shareholders at the same issue price to raise up to GBP120,000. The issue price represents an approximate 33% discount to Rockfire's closing price of 0.18p on Thursday. Both processes are expected to complete with shares admitted to AIM on or around December 16. Read More
(Alliance News) - Rockfire Resources PLC on Monday expressed "confidence" about the feasibility of the Molaoi project, despite reporting a widened interim loss on cost hikes. Read More
(Alliance News) - Stock prices in London were lower at midday on Wednesday, despite positive service sector data, as the market continued to process a sour September start for stocks across the pond. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
Rockfire Resources PLC - Greece and Australia-focused gold, base metal and critical mineral exploration company - Says Sunshine Metals Ltd updates on farm in exploration at Rockfire's Lighthouse tenement in Queensland, Australia. Sunshine discovers undrilled mineralised veins of over 3.5 kilometre strike length at the Double Event Prospect. Collects 13 rock chips, of which include 32.7 grammes per tonne of gold and 31.2 grammes per tonne silver and 25.9 grammes per tonne of gold and 35.7 grammes per tonne silver. Says is preparing to conduct high resolution magnetic and geochemical surveys at Double Event and two nearby prospects Lower Lighthouse and Bluff Creek. Sunshine may earn up to 75% interest in the tenement through expenditures of AUD2.2 million, about USD1.4 million, over 3 years. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Rockfire Resources PLC on Monday said that it has intersected a "very wide and strongly mineralised" zinc zone at depth at the Molaoi zinc deposit in Greece. Read More
Rockfire Resources PLC - London-based mineral exploration company - 2023 pretax loss widens to GBP1.8 million from GBP753,212 the year prior. No revenue generated yet. Cash and cash equivalents increase to GBP425,619 from GBP37,005. Acquisition strategy failed to be implemented. Principal focus is on developing Molaoi base metal project in Greece. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Rockfire Resources PLC - London-based mineral exploration company - Says drilling at Maloi zinc deposit in Greece replicates historical drill holes. Finds 73.44 grams of silver per tonne at hole MO_GTK_009, as well as 30.63 grams of germanium per tonne. Chief Executive Officer David Price said: "This replication of historical holes was requested by SRK Consulting Geologists to provide increased confidence in the positioning and grades/widths of historical drill holes. The results indicate that the similarities between the original holes and the new holes are close. The width varies in hole MO_GTK_009, however this is likely due to differences in sample lengths and sampling intervals selected. This drilling provides confidence in the original data and validates many of the historical drill holes to be included into a future resource upgrade." Read More
(Alliance News) - Rockfire Resources PLC on Friday noted Sunshine Metals Ltd's "encouraging" drill results at the Lighthouse tenement in Queensland. Read More
Rockfire Resources PLC - London-based mineral exploration company - UK Government's Office of Financial Sanctions Implementation confirms that an exemption licence is not required for Rockfire to secure the return of a USD2 million payment, which can now be transferred back to the firm. Rockfire paid this initial consideration for a 10% shareholding in Emirates Gold DMCC and Emperesse Bullion LLC, but applied for the exemption license earlier this month after withdrawing from the conditional share purchase agreement. Read More
(Alliance News) - Rockfire Resources PLC has applied to the UK government's Office of Financial Sanctions Implementation for an exemption license relating to the cancelled purchase of shares in Emirates Gold DMCC and Emperesse Bullion LLC. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Rockfire Resources PLC - Australia and Greece-focused base metal, gold, and critical mineral exploration company - Notes the announcement by the UK Foreign, Commonwealth & Development Office imposing sanctions on Paloma Precious DMCC and 28 other individuals and entities. In September, Rockfire said it acquired 100% of Emirates Gold DMCC and 99% of Emperesse Bullion LLC from Paloma Precious DMCC via a share purchase agreement which constituted a reverse takeover. Subsequently, Paloma notified the company it had sold its entire interest of 400 million shares in Rockfire in an off-market transaction. In light of the sanctions announced today, says taking urgent legal advice in order to determine the impact on the transaction. Read More
(Alliance News) - Rockfire Resources PLC on Friday said it has begun drilling at its 100%-owned Molaoi zinc deposit in Greece. Read More