TRADING UPDATES: Audioboom extends partnerships; Ecora eyes growth
6th Mar 2024 18:07
(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 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 Tuesday and not separately reported by Alliance News: Read More
Red Rock Resources PLC - Africa, South America and Australia-focused natural resource explorer and developer - Releases update in relation to the arbitration in the Democratic Republic of Congo with respect to the USD10 million claim the company is pursuing relating to the VUP copper-cobalt joint venture. Notes last Monday, a subsidiary received judgement for USD2.5 million while the results of an arbitration hearing in order to obtain USD7.5 million was pending. Red Rock says a draft of the arbitration award has been received and an update will be provided as soon as possible - perhaps by Friday. In Australia, work continues on two key local gold projects - Berringa Mine and Ajax Mine. Continues to discuss with its partner the best structure for going forward. Says sourcing capital to drill these tenements will be a priority in 2024 to bring one of these gold targets into JORC-compliant resource status. Listing Red Rock on the ASX is also being considered now to realise value for shareholders and provide the funds necessary to further advance the projects. Read More
Red Rock Resources PLC - Africa, South America and Australia-focused natural resource explorer and developer - Hires David Lenigas as a strategic consultant as it "begins a new phase of growth". Lenigas is the executive chair of North America-focused oil and gas producer Pennpetro Energy PLC, and of British Virgin Islands-registered bitcoin miner Vinanz Ltd. Read More
Red Rock Resources PLC- Africa, South America and Australia-focused natural resource exploration and development - Notes the receipt of a draft arbitration award in regard to its subsidiary in the Democratic Republic of Congo. Says Arbitration hearings and negotiations have been held in Kinshasa in order to obtain 50% of the USD15 million still to be paid. Says draft awaits signature and will provide an update "as soon as possible." Adds that geochemical testing of the Bilbale licence in Burkina Faso, and mapping of key zones has begun, with a view to semi-mechanised mining of alluvial areas and follow-up drilling of hard rock targets. Notes promising rock chip results from mapped areas at Bilbale, including 14.7 grams per tonne and 11.2 g/t of gold. A development team is arriving at the site in Bilbale. Read More
Red Rock Resources PLC - Africa, South America and Australia-focused natural resource exploration and development - Pretax loss widens to GBP3.0 million in the financial year that ended June 30 from GBP2.8 million the year before. Red Rock generates no revenue. Administrative expenses increase to GBP1.4 million from GBP1.2 million. Finance costs more than double to GBP613,000 from GBP285,000. Read More
(Alliance News) - Red Rock Resources PLC on Thursday said it raised GBP500,000 from a placing of new shares, which will be used towards developing projects. 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) - 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 Wednesday and not separately reported by Alliance News: Read More
Red Rock Resources PLC - Africa, South America and Australia-focused natural resource exploration and development company - Notes that discussions have begun with sales agents in China for the sale of lithium ores. Adds a potential contract miner/partner has sent an "experienced" South African consultant geologist who, with African Lithium Resources (Pvt) Ltd personnel, conducted due diligence at ALR's locations in Zimbabwe. ALR is the company's subsidiary. Read More
Red Rock Resources PLC - London-based Africa and Australia-focused natural resources development company - Says its investors agree to an extension of notes for one year. Notes are now extended to July 2024 and January 2026. The conversion price of the notes have been adjusted from 0.6 pence per share to a price 20% above the volume weighted average price for the period from July 9, but the note conversion price cannot be less than 0.2 pence and not more than 0.6p per share. 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
Red Rock Resources PLC - London-based Africa and Australia-focused natural resources development company - Says it has issued 199.6 million new shares at an average price of 0.1182746 pence per share to to settle GBP236,032 worth of debts. Says 65.9 million shares issued to Riverfort Global Opportunities PCC Ltd to repay GBP75,000, as well as 23.7 million shares issued in relation to a consent fee of GBP40,000. Adds that it has also issue 110.0 million shares to Diversified Metals Holdings LLC, to repay GBP121,032. Read More
(Alliance News) - Red Rock Resources PLC on Friday said it has been granted its first licence in the Ivory Coast. Read More
(Alliance News) - Red Rock Resources PLC on Thursday said that it has been granted an environmental certificate for the company's first Zimbabwe project, and can begin mining. Read More
Red Rock Resources PLC - London-based natural resource development company with assets in Australia and Africa - Raises GBP535,840 through the placing of 376.0 million new shares at 0.1425 pence each. Says net proceeds of the placing will be used for activities in Africa and Australia, as well as for general working capital purposes. Read More