8th Jan 2007 14:35
Red Rock Resources plc08 January 2007 RED ROCK RESOURCES PLC Issue of Equity Dated: 8 January 2007 Red Rock Resources plc ("Red Rock" or the "Company") the mineral exploration anddevelopment company focused on advancing iron ore, uranium and manganeseprojects in Australia and East Africa, has issued 9,950,000 new ordinary sharesof 0.1p each in the capital of the Company (the "Placing Shares") at 2p perPlacing Share, conditional on the Placing Shares being admitted to trading onAIM. Starvest plc agreed to subscribe for 1,250,000 Placing Shares at 2p per PlacingShare. Following this subscription, Starvest plc holds 6,250,000 ordinary sharesin the Company, which is approximately 3.4% of the issued share capital asenlarged by the placing. John Watkins, a director of the Company and of Starvest plc, agreed to subscribefor 250,000 Placing Shares at 2p per Placing Share, and following thissubscription he holds 250,000 ordinary shares in the Company. Following the issue of the Placing Shares the Company's total issued sharecapital will be 181,647,500 ordinary shares. Application has been made to theLondon Stock Exchange for the Shares to be admitted to trading on AIM. Dealingsare expected to commence at 8.00 a.m. on 12 January 2007. Enquiries: Andrew Bell 07766 474849 Red Rock Resources plc Chairman John Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser Ron Marshman / John 020 7628 5518 City of London PR Limited Public RelationsGreenhalgh Updates on the Company's activities are regularly posted on Red Rock's website,www.rrrplc.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Red Rock Resources