() has raised £1mln through a placing at 0.8p per share.
The junior explorer said the new shares come with a warrant attached on a 1 for 1 basis exchangeable at 1.2p.
Andrew Bell, chairman, said: "Red Rock is entering a period of intense activity with active exploration due at its recently restored 1.2 million ounce JORC compliant gold resource in Kenya, and the IPO process for its new and highly prospective gold JV business in the Victoria Goldfields of Australia.”
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Red Rock Resources PLC named herein, including the promotion by the Company of Red Rock Resources PLC in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE