RED ROCK RESOURCES PLC
Update on Resource Star Limited Share Offer
Dated: 19 February 2010
Red Rock Resources plc ("Red Rock" or "RRR") announces that its 24.4% associated company Resource Star Limited (ASX: RSL), which is focussed on uranium exploration in Australia and Malawi, has today announced that its offer to raise capital under its replacement prospectus lodged 11 December 2009 (the "Offer") has now closed having raised above the minimum amount, with documentation anticipated to be lodged with ASX early next week.
Following the ASX listing of RSL, RRR will be interested in 12,895,295 RSL ordinary shares. This holding will represent between 20.0 per cent. and 24.9 per cent. of RSL's issued ordinary share capital on listing, depending on the level of valid acceptances under the Offer.
The text of the announcement may be accessed via: http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=rsl
Enquiries:
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Red Rock Resources plc |
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Andrew Bell, Chairman |
0207 402 4580/07766 474849 |
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John Watkins |
07768 512404 |
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Nominated Adviser |
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Blomfield Corporate Finance Ltd |
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Peter Trevelyan-Clark/Ben Jeynes |
020 7444 0800 |
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Broker |
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Simple Investments Ltd |
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Nick Emerson, Renato Rufus |
01483 413500 |
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Public Relations |
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Lothbury Financial Limited |
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Ron Marshman |
020 7011 9411 |
Updates on the Company's activities are regularly posted on its website, www.rrrplc.com.
This information is provided by RNS