14 Dec 2010 17:12
RED ROCK RESOURCES PLC
Issue of Equity
Dated: 14 December 2010
Red Rock Resources plc ("Red Rock" or the "Company") announces that it has placed 2,666,667 new ordinary shares of 0.1 pence each ("Shares") in the Company to a single institutional investor at a price of 15.0 pence per Share (the "Placing"). The proceeds of the subscription are £400,000 before expenses, conditional on the Shares being admitted to trading on AIM.
Following the Placing, the Company's issued ordinary share capital will be 678,211,050 ordinary shares of 0.1p. Application has been made to the London Stock Exchange for the Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 20 December 2010.
Enquiries:
Andrew Bell | 0207 402 4580 or 07766 474849
| Red Rock Resources plc | Chairman
|
Sandra Spencer | 0207 402 4580 or 07757 660 798 | Red Rock Resources plc | Public and Investor Relations |
Peter Trevelyan-Clark/ Ben Jeynes |
020 7444 0800 |
Religare Capital Markets |
Nominated Adviser |
Nick Emerson |
01483 413500 |
Simple Investments Ltd |
Broker |
Updates on the Company's activities are regularly posted on its website, www.rrrplc.com.
Red Rock Resources (RRR)