Issue of Shares and Warrants & TVR

Issue of Shares and Warrants

Red Rock Resources Plc, the natural resource development company with interests in gold and base metals, principally in Africa and Australia, announces that it has placed 1,700,000,000 new ordinary shares (“Placing Shares”) by a placing at 0.01425 pence per share, raising a total of £242,250 before expenses (“Placing”). The Placing was arranged by Clear Capital Markets Limited. The placing price represents a 25% discount to the latest mid-market closing price on AIM.

The Placing proceeds will be utilised to meet tax, regulatory, and accounting and audit requirements over the accounts preparation period and to provide general working capital.

Upon completion of the Placing, the Company will grant to Clear Capital such number of warrants over new ordinary shares in the Company exercisable at the Placing Price as equals 15% of the gross aggregate value of the Placing divided by the exercise price, exercisable at the warrant holder’s option at any time in the 5 years following completion of the Placing (“Exercise Period”). In the event that the ordinary shares of the Company trade at over 5 times the Placing Price on five consecutive trading days the Company shall have the right to give notice to Clear Capital terminating the Exercise Period on the trading day one month after the date of such notice.

Red Rock Chairman Andrew Bell comments: “We have been continuing to make progress despite the Ebola-related restrictions imposed on travellers from the DRC by various countries, and a tightening of domestic procedures in relation to public contracts in the DRC. Some of our local public sector counterparts have been out of the country for an inordinate time due to quarantine considerations. On a positive note, our partner in the housing JV awaits its scheduled first payment. To summarise: our anticipated scale of cash inflows has not changed, but the timing has been delayed so that we can no longer anticipate first housing sales by end-year. We considered it necessary, as we enter our audit period, to have more cash on hand. We look forward to moving back into a stage of cash generation and will provide progress reports in the DRC and elsewhere. We will also be calling a General Meeting to increase authorised capital in order not to lose funding flexibility”.

Admission to Trading on AIM and Total Voting Rights

Application is being made for 1,700,000,000 to be admitted to trading on AIM, the admission of which it is expected on or around 6 October 2026.

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 the Shares, its issued ordinary share capital will comprise 11,541,483,976 ordinary shares of £0.0001 each.

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 11,541,483,976. 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.

General Business Update

The Company has also today released a General Business Update on RNS Reach.