28th Jan 2008 12:30
Red Rock Resources plc28 January 2008 RED ROCK RESOURCES PLC Issue of Equity Dated: 28 January 2008 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 18,000,000 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. City Equities Limited has agreed to subscribe for 12,500,000 Placing Shares at2p per Placing Share. This holding represents approximately 4.55% of the issuedshare capital of the Company as enlarged by the placing. Regency Mines plc ("Regency") has agreed to subscribe for 4,000,000 PlacingShares at 2p per Placing Share. Following the placing Regency will hold107,250,000 ordinary shares in the Company, which is approximately 39.1% of theissued share capital as enlarged by the placing. Following the issue of the Placing Shares the Company's total issued sharecapital will be 274,480,832 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 Friday 1February 2008. 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