Business
Exercise of Convertible Loan Notes, TVR
Exercise of Convertible Loan Notes, TVR.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n\nRed Rock Resources PLC\n(\"Red Rock\" or the \"Company\")\nIssue of Shares upon Exercise of Convertible Loan Notes\nTotal Voting Rights\n \n22 August 2023\n \nRed Rock Resources Plc, the natural resource exploration and development company with interests in gold, copper, cobalt, lithium and other minerals, announces that it has received notice of conversion of £52,509.60 of Convertible Loan Notes, inclusive of interest, into 26,000,000 ordinary shares at a price of £0.0020196 per share.\n \nRed Rock also announces the issue of 50m warrants exercisable into new ordinary shares for 2 years at 0.2p to an unsecured lender, subject to a grant of authority at the next General Meeting of the Company.\n \nAdmission to Trading on AIM and Total Voting Rights\n \nApplication is being made for 26,000,000 Shares to be admitted to trading on AIM, the admission of which it is expected on or around 29 August 2023.\n \nIn accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the Shares, its issued ordinary share capital will comprise 2,570,097,791 ordinary shares.\n \nAll of the ordinary shares have equal voting rights and none of the ordinary shares are held in Treasury. The total number of voting rights in the Company will therefore be 2,570,097,791. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or change to their interest in, the Company.\n \n \nFor further information, please contact:\nAndrew Bell 0207 747 9990 Chairman Red Rock Resources Plc\nRoland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited\nJason Robertson 0207 374 2212 &nbs...