Business
Subscription with Paloma Precious DMCC
Subscription with Paloma Precious DMCC.
About this update from Rockfire Resources Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"EUWA\")) (\"UK MAR\"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED WITHIN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF INSIDE INFORMATION (AS DEFINED UNDER UK MAR). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THOSE PERSONS THAT RECEIVED INSIDE INFORMATION IN A MARKET SOUNDING ARE NO LONGER IN POSSESSION OF SUCH INSIDE INFORMATION, WHICH IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n1 June 2023\n \nRockfire Resources plc\n \n(\"Rockfire\" or the \"Company\")\n \nSubscription with Paloma Precious DMCC \n \nRockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce that it has successfully raised £880,000, before expenses, through Paloma Precious DMCC (\"Paloma\") subscribing for 400,000,000 new ordinary shares of 0.1p par value (the \"Ordinary Shares\") at a price of 0.22 pence per share (the \"Issue Price\") (together the \"Subscription\").\n \nKey Highlights:\n \n· The Issue Price represents a discount of approximately 29 per cent. to the closing mid-market price of an Ordinary Share on 31 May 2023, being the latest practicable date prior to the publication of this announcement.\n \n· There are no warrants attached to the Subscription. The Company confirms it has no existing warrants on its register.\n \n· 400,000,000 new Ordinary Shares will be issued pursuant to the Subscription (the \"Subscription Shares\").\n \n· The Subscription Shares are to be issued pursuant to the authorities granted to the Board at the Company's general meeting held on ...