Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Issue of Equity

15th Feb 2007 13:13

Red Rock Resources plc15 February 2007 RED ROCK RESOURCES PLC Issue of Equity Dated: 15 February 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 25,000,000 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 and Wills & Co Stockholders Limited have each agreed tosubscribe for 12,500,000 Placing Shares at 2p per Placing Share. Following thesubscription, City Equities Limited will hold 12,500,000 ordinary shares in theCompany, which is approximately 6.05% of the issued share capital as enlarged bythe placing and Wills & Co Stockholders Limited will hold 12,500,000 ordinaryshares in the Company, which is approximately 6.05% of the issued share capitalas enlarged by the placing. Following the issue of the Placing Shares the Company's total issued sharecapital will be 206,647,500 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 20 February 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 Exchange

Related Shares:

Red Rock Resources
FTSE 100 Latest
Value8,275.66
Change0.00