Rockfire touts positive drill results from Lighthouse tenement
19th Jan 2024 10:29
(Alliance News) - Rockfire Resources PLC on Friday noted Sunshine Metals Ltd's "encouraging" drill results at the Lighthouse tenement in Queensland. 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
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Rockfire Resources PLC - Australia and Greece-focused base metal, gold, and critical mineral exploration company - Successfully raises GBP3.5 million through two new institutional investors subscribing for 700.0 million new shares at 0.5 pence per share. Net proceeds will be used to satisfy the initial USD2 million consideration for the acquisition of 100% of Emirates Gold DMCC and 99% of Emperesse Bullion LLC from Paloma Precious DMCC via a share purchase agreement. The final consideration will be USD18 million. On admission of the shares, the company's issued share capital will consist of 2.54 billion shares. Read More
(Alliance News) - Rockfire Resources PLC on Friday said it has acquired 100% of Emirates Gold DMCC and 99% of Emperesse Bullion LLC from Paloma Precious DMCC via a share purchase agreement. Read More
Rockfire Resources PLC - Australia and Greece-focused base metal, gold, and critical mineral exploration company - Provides an update on Sunshine Gold Ltd, a company which is farming into the Lighthouse tenement in Queensland, Australia. Says recent field work at Cardigan Dam at Lighthouse has shown the potential for both breccia hosted gold and orogenic gold. Read More
(Alliance News) - Rockfire Resources PLC on Wednesday said it has confirmed the presence of high-grade germanium and gallium at its Molaoi project, adding "significant further value" to the project. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Rockfire Resources PLC on Wednesday said that its fifth hole at the Molaoi zinc deposit in Greece has encountered more high-grade zinc, silver, and lead. Read More
(Alliance News) - Rockfire Resources PLC said on Tuesday it continues to discover strong zinc continuity from the results of the fourth drill of its geotechnical drilling programme at its Molaoi, Greece deposit. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Rockfire Resources PLC - Gold and base metal exploration company - Pretax loss widens slightly in 2022 to GBP753,212 from GBP744,953. The company says that it was able to restrict its raising of exploration funds to only one fundraise during the calendar year and still achieve exploration success. The company records no revenue. Read More
Rockfire Resources PLC - base metal, gold and critical mineral exploration company - Raises GBP880,000 through Paloma Precious DMCC subscribing for 400 million shares at GBP0.22 per share. Believes this long-term partnership is a very logical one, particularly with the increasing demand for silver in the solar energy industry. Proceeds will allow the start of resource upgrade drilling at Molaoi and an updated mineral resource, company says. Following the subscription, Paloma holds 22% of Rockfire. David Price Chief Executive says: "The company is pleased to confirm it now has sufficient funds to commence the resource upgrade drilling, as well as delivering an updated JORC resource estimate." Read More
(Alliance News) - Shares in Rockfire Resources PLC jumped on Friday morning after the base metal, gold and critical mineral exploration company reported "record-breaking" zinc grades from drilling at its Molaoi deposit in Greece. Read More