11th Sep 2014 11:39
LONDON (Alliance News) - Red Rock Resources PLC Thursday said it has extended the exclusivity period on the sale of its Colombian assets to Nicaragua Milling Company Ltd.
The outside date for exclusivity on the deal has been extended to October 10.
It is the second time Red Rock has extended the exclusivity period on the deal, having given Nicaragua Milling an extra 30 days back in July.
"We have been working closely with NMC during this time and have agreed a further extension of the exclusivity period to allow these additional matters to be concluded," said Red Rock Chairman Andrew Bell.
Red Rock shares were down 8.3% to 0.211 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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