07:00 Fri 02 Nov 2018
Red Rock Resources - Renewal of Convertible 10% Loan Notes
("Red Rock" or the "Company")
Renewal of Convertible 10% Loan Notes
The Notes were due for redemption or conversion into new Red Rock shares ("Shares") at a price of 0.8p per Share, with a final redemption date of
Holders of
The Notes were issued at par and are convertible into Shares at a price of
Each Note holder also received 62,500 Warrants for each Note subscribed. Each Warrant entitles the holder to subscribe for Shares at any time up to the date of expiry at a price of
The interest rate on the Notes is 10% per annum, accruing monthly.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 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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