Business
Issue of Shares and Other Matters
Red Rock Resources plc has secured £200,000 in additional working capital through a share subscription at 0.025 pence per share, issuing 800,000,000 new ordinary shares, with an additional £200,000 of debt conversion to shares pending shareholder approval. Application has been made for these new shares to be admitted to trading on AIM around December 29, 2025, bringing the total issued ordinary share capital to 9,244,509,374 shares. Furthermore, the company has agreed with Power Metal Resources PLC to reschedule two final payments, now due by March 31, 2026, and has extended the completion date for the conditional sale of Ivory Coast licences to the same date. Disclaimer*
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 and Other Matters\n \n19 December 2025 \n \nRed Rock Resources Plc, the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons, principally in Africa and Australia, announces the subscription for additional working capital purposes by an existing long-term shareholder of £200,000 cash for the issue of 800,000,000 new ordinary shares of 0.01 pence each in the Company (\"Shares\") at a subscription price of 0.025 pence per Share, to meet working capital requirements.\n \nAnother shareholder has expressed a wish to convert £200,000 of existing indebtedness to shares at the same price, subject to a vote granting authority by the shareholders in general meeting. \n \nAdmission to Trading on AIM and Total Voting Rights\n \nApplication is being made for 800,000,000 Shares to be admitted to trading on AIM, the admission of which it is expected on or around 29 December 2025.\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 Shares, its issued ordinary share capital will comprise 9,244,509,374 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 9,244,509,374. 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 \nRescheduling of transactions\n \nBy mutual agreement, the Company and Power Metal Resources PLC have agreed to reschedule the final two payments by Red Rock announced on 21st July 2025 as due 14th November 2025 and 31sr December 2025 into one payment due by 31st March 2026. A f...