07:00 Thu 16 Nov 2017
Red Rock Resources - Jupiter Mines Update
("Red Rock " or the "Company")
Jupiter Mines Update
Further to the announcement of
Highlights:
o The recent
o The Tshipi manganese mine is on track to exceed its 3mt target for the 2018 financial year ending
o Provided Manganese prices remain at current levels, Jupiter will distribute U$25 million to its shareholders in
o Dual-track sale/IPO process has been terminated at Tshipi level
o As 49.9% Tshipi shareholder Jupiter will pursue strategic options at Jupiter level
o Options include relisting on the ASX, sale, or growth by mergers and acquisitions
o Mr.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014
For further information, please contact:
Scott Kaintz 0207 747 9990 Director
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD
Jason Robertson 0207 374 2212 Broker
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