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IN BRIEF: Red Rock Resources issues 200 million shares to repay debts

21st Jun 2023 14:19

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.

Current stock price: 0.18 pence, down 11% on Wednesday

12-month change: down 53%

By Harvey Dorset, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Red Rock Resources
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Value8,809.74
Change53.53