22nd Nov 2007 07:02
Red Rock Resources plc22 November 2007 RED ROCK RESOURCES PLC Issue of Equity Dated: 22 November 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 21,000,000 new ordinary sharesof 0.1p each in the capital of the Company (the "Placing Shares") at 2.5p perPlacing Share, conditional on the Placing Shares being admitted to trading onAIM. City Equities Limited has agreed to subscribe for 15,000,000 Placing Shares at2.5p per Placing Share and Wills & Co Stockbrokers Limited has subscribed for6,000,000 Placing Shares, again, at a price of 2.5p per Placing Share. Following the subscription, City Equities Limited will hold 15,000,000 ordinaryshares of 0.1p each in the Company. This holding represents approximately 5.85%of the issued share capital of the Company as enlarged by the placing. Following the issue of the Placing Shares the Company's total issued sharecapital will be 256,480,832 ordinary shares of 0.1p each. Application has beenmade to the London Stock Exchange for the Placing Shares to be admitted totrading on AIM. Dealings are expected to commence at 8.00 a.m. on Tuesday 27November 2007. Enquiries: Andrew Bell 07766 474849 Red Rock Resources plc Chairman John Simpson 020 7512 0191 Blomfield Corporate Finance Ltd Nominated Adviser Ron Marshman / John Greenhalgh 020 7628 5518 City of London PR Limited Public Relations 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