Red Rock Resources plc

Published : May 27th, 2015

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Keywords :   Colombia | Gold | Kenya | London |

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Update

RNS Number : 3459O

Red Rock Resources plc

27 May 2015

Red Rock Resources Plc

('Red Rock' or the 'Company')

Update

27 May 2015

Red Rock Resources plc, the mining and exploration company with interests in gold in Africa and investments in other mineral assets, announces an update.

Colombia

Further to the announcement of 15 May 2015 in relation to the Company's sale of its Colombian gold assets, Red Rock announces that the remainder of the first tranche of consideration monies, amounting to USD 450,000, has been paid by the purchaser and the completion documents have been released from escrow, completing the sale process.

Kenya

Further to the Company's announcement of 7 May 2015 that Red Rock's local partner in Kenya, Mid Migori Mining Ltd ('MMM'), had been advised by the Ministry of Mines of the termination of its Special Licenses numbers 122 and 202 ('the SLs'), the Company has obtained from the High Court in Kenya Orders granting it and MMM leave to institute judicial review proceedings for orders of Certiorari, Prohibition and Mandamus, and ordering meanwhile a stay on the implementation of the Ministry's decision.

For further information, please contact:

Andrew Bell 0207 747 9990 or 0776 647 4849 Chairman Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited

Jason Robertson 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd.

Christian Pickel 0203 128 8817 Media Relations MHP Communications


This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLIFIAEAIDFIE

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Data and Statistics for these countries : Colombia | Kenya | All
Gold and Silver Prices for these countries : Colombia | Kenya | All

Red Rock Resources plc

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CODE : RRR.L
ISIN : GB00B0CQLF79
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Red Rock Res. is a gold and iron exploration company based in United kingdom.

Its main exploration property is MIGORI GOLD in Kenya.

Red Rock Res. is listed in Germany and in United Kingdom. Its market capitalisation is GBX 27.7 millions as of today (US$ 32.2 millions, € 30.2 millions).

Its stock quote reached its highest recent level on April 11, 2014 at GBX 9.87, and its lowest recent point on April 23, 2024 at GBX 0.06.

Red Rock Res. has 503 658 124 shares outstanding.

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Project news of Red Rock Resources plc
4/23/2015Australian Associate interest in Sugar Dragon
5/15/2011Red Rock Resources Plc
5/15/2011Red Rock Resources Plc
Corporate news of Red Rock Resources plc
7/28/2016Acquisition of Further Interest in Goldstone
7/28/2016Shoats Creek Update
7/14/2016Audited results for the year ended 31 December 2015
7/14/2016Shoats Creek Operations Update
7/13/2016Annual Results
6/20/2016Second Price Monitoring Extn
6/20/2016Price Monitoring Extension
6/16/2016Directors Dealings
6/14/2016Cancellation and Re-issue of Options
6/8/2016Shoats Creek Update
5/17/2016Holding(s) in Company
5/11/2016Update - Colombia
5/5/2016Transaction completion and operational update
4/29/2016Financing, Directors Dealings and TVR
4/14/2016Director/PDMR Shareholding
4/13/2016Holding(s) in Company
3/24/2016Shoats Creek Update
2/2/2016Infrastructure and production at Shoats Creek
2/1/2016Grant of Options and Directors' Shareholdings
2/1/2016Total Voting Rights
1/29/2016Partial sale of holding, update
1/22/2016Share Incentive Plan and Directors' Dealings
1/20/2016Investment
1/2/2016Total Voting Rights
12/30/2015Holding(s) in Company
12/21/2015Result of AGM, Board change Capital reorganisation
12/18/2015Director/PDMR Shareholding
12/16/2015Loan Repayment and Update
12/14/2015Issue of Equity
11/5/2015Update on Star Striker Ltd
10/28/2015Option to Invest in Shoats Creek
10/19/2015Holding(s) in Company
10/9/2015Convertible Note Conversion
10/5/2015Update; Restructuring
9/21/2015Operations Update
9/7/2015Convertible Loan Note
9/2/2015Total Voting Rights
7/27/2015Holding(s) in Company
7/16/2015Holding(s) in Company
7/13/2015Final Tranche of Subscription Shares
7/9/2015Update on Subscription and Directors' Dealings
7/8/2015Investment and Share Subscription
6/30/2015Board Changes
6/30/2015Update on Resource Star Ltd
6/26/2015Update
6/26/2015Option to invest in Elephant Oil Limited
4/23/2015Convertible Note Conversion
4/21/2015Holding(s) in Company
4/14/2015Share Incentive and Directors' Dealings
4/14/2015Attendance at UK Investor Show
4/14/2015Columbian Gold Assets - Sale Agreement
4/7/2015Convertible Note Conversion
4/7/2015Holding(s) in Company
4/7/2015Total Voting Rights
4/7/2015Loan Repayment and Convertible Note Conversion
3/16/2015Director/PDMR Shareholding
3/16/2015Update and Placing
3/16/2015Holding(s) in Company
3/16/2015Convertible Note Conversion and Issue of Equity
3/16/2015Update
2/20/2015Update
1/30/2015Issue of Convertible Loan Note
1/30/2015Ivory Coast and Colombia Update
1/2/2015Total Voting Rights
12/30/2014Result of AGM, Capital Re-organisation
12/30/2014Holding(s) in Company
12/10/2014Issue of Equity and TVR
2/5/2013new website now live
12/6/2011News Release
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LSE (RRR.L)FRANKFURT (R2T.F)
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