Business
Investment in Jupiter Mines Shares
Investment in Jupiter Mines Shares.
About this update from Red Rock Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6532X Red Rock Resources plc 14 January 2014 \n\n \nRed Rock Resources Plc\n \n(\"Red Rock\" or the \"Company\")\n \nInvestment in Jupiter Mines Shares\n \n14th January 2014\n \nRed Rock Resources plc, the mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia, and advanced gold and copper exploration in Kenya, announces amendments to its holding in Jupiter Mines Ltd (\"Jupiter\") announced on 3rd December 2013. \nDelivery was received from the vendor of 7,650,000 Jupiter shares (rather than 8,000,000 Jupiter shares) at a price of AUD 0.056 per Jupiter share and a total cost of AUD 428,400 (£232,978 approximately).\nFollowing the settlement, the Company's holding in Jupiter is 27,324,375 Jupiter shares, representing 1.20%, currently worth AUD 2.21 million. Red Rock retains a 0.75% gross revenue royalty over Jupiter's Mt Ida project, and non-manganese mineral rights over a further Jupiter tenement. \nThe delisting of Jupiter from the ASX took place as expected on 10th January 2014.\n \n Enquiries:\n\n\n\n\nAndrew Bell 020 7747 9990 or 07766 474849\n\n\nChairman Red Rock Resources plc\n \n\n\n\n\nColin Aaronson/David Hignell 020 7383 5100 \n\n\nNOMAD Grant Thornton UK LLP\n \n\n\n\n\nNick Emerson 01483 413500\n \nGuy Wheatley 02073828416\n \nRupert Trefgarne 02031288817\n\n\nBroker SI Capital Ltd\n \nJoint Broker Beaufort Securities Ltd\n \nMedia Relations MHP Communications\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCQKQDKOBKDCDD\n ","length":4245,"tagName":"div"}]