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Red Rock Resources ( (GB:RRR) ) has shared an update.
Red Rock Resources PLC announced the issuance of 28,571,428 new ordinary shares at a subscription price of 0.035 pence per share, accompanied by warrants exercisable at 0.040 pence per share, to convert an advance of £10,000 by an existing shareholder. This move is aimed at enhancing the company’s financial standing and visibility in the market, with shares expected to commence trading on AIM by 7 January 2025, increasing the total voting rights to 5,684,368,839.
More about Red Rock Resources
Red Rock Resources PLC is a natural resource exploration and development company focusing on gold, base metals, battery metals, and hydrocarbons, with primary operations in Africa and Australia.
YTD Price Performance: -48.61%
Average Trading Volume: 36,484,020
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.12M
For a thorough assessment of RRR stock, go to TipRanks’ Stock Analysis page.
