Red Rock Resources (GB:RRR) has released an update.
Red Rock Resources Plc has announced the successful acquisition of the remaining 49.9% of its Australian Gold Subsidiary, thereby taking full ownership of the New Ballarat Gold Corporation Plc, which holds extensive gold tenements in Victoria, Australia. The completion of the deal is marked by the exchange of shares, convertible loan notes, and warrants. Chairman Andrew Bell has expressed confidence in the assets’ potential, especially in light of a rising gold price, and foresees engaging in talks for a possible listing.
For further insights into GB:RRR stock, check out TipRanks’ Stock Analysis page.
