Issue of Shares and Warrants
Red Rock Resources plc has announced a cash subscription of £250,000 for 1,190,477,000 new ordinary shares at 0.021 pence per share, with accompanying warrants exercisable at 0.04 pence per share, subject to shareholder approval. These new shares are expected to be admitted to trading on AIM around December 29, 2025. Following this issuance, the Company's total issued ordinary share capital will be 8,444,509,374 shares, representing the total voting rights.
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Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons, principally in Africa and Australia, announces a cash subscription for general working capital purposes of £250,000 of 1,190,477,000 new ordinary shares of 0.01 pence each in the Company ("Shares") at a price of 0.021 pence per Share pursuant to a subscription by Clear Capital Markets.
Accompanying warrants exercisable at a price of 0.04 pence per Share at any time before 19 June 2027 will be issued, subject to shareholder approval, on the basis of 2 warrants for every five subscription shares.
Admission to Trading on AIM and Total Voting Rights
Application is being made for 1,190,477,000 Shares to be admitted to trading on AIM, the admission of which it is expected on or around 29 December 2025.
In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of Shares, its issued ordinary share capital will comprise 8,444,509,374 ordinary shares.
All of the ordinary shares have equal voting rights and none of the ordinary shares are held in Treasury. The total number of voting rights in the Company will therefore be 8,444,509,374. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or change to their interest in, the Company.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.