IN BRIEF: Investors gain 10% stake in Red Rock Resource subsidiary
6th May 2022 14:33
Red Rock Resources PLC - natural resource development company with interests in Africa and Australia - Says an unnamed "group of high net worth investors" has acquired 10% of the company's 75% owned subsidiary African Lithium Resources Pvt Ltd for USD100,000. As a result, investors have an unspecified holding in the company's lithium interests. Consideration funds will be used in the development of African Lithium Resources' business, Red Rock explains. Read More