Red Rock Resources (GB:RRR) has released an update.
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Red Rock Resources Plc has announced an extension of its 12% Convertible Notes to November 18, 2024, with an outstanding amount of £562,840 and accrued interest of £73,462, which can be settled in new shares or added to the principal. An additional 129,628,588 shares will be issued at 0.0475p per share, with note holders also receiving new warrants exercisable at 0.11875p per share. The total voting rights in the company will increase to 4,959,893,598 following the admission of these shares to trading on AIM.
For further insights into GB:RRR stock, check out TipRanks’ Stock Analysis page.
