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Red Rock Resources - Statement re Jupiter Mines EGM

RNS Number : 7910U Red Rock Resources plc 19 May 2008 RED ROCK RESOURCES PLC Cancellation of Extraordinary General Meeting of Jupiter Mines Limited Dated: 19 May 2008 Red Rock Resources plc ('Red Rock' or the 'Company') the mineral exploration and development company focused on advancing iron ore, uranium and manganese projects in Australia and East Africa, announces that it has withdrawn its request for an Extraordinary General Meeting of Jupiter Mines Limited ('Jupiter'), a company listed on the Australian Stock Exchange (ASX: JMS). Andrew Bell, the Chairman of the Company, has joined the board of Jupiter as a non-executive director with immediate effect, and the parties are in discussions on ways in which Red Rock can further assist Jupiter to develop its capabilities and exploit its opportunities in the iron ore sector in Western Australia. Red Rock owns the 205 sq km Mt Alfred tenement in the region, and has a 1.5% royalty interest in Jupiter's Mt Ida and Mt Hope tenements. Red Rock is the largest shareholder of record in Jupiter, and has disclosed a shareholding of 11,347,178 shares in Jupiter amounting to 8.01% of the outstanding share capital, and holds 3,500,000 options exercisable into Jupiter shares at 20c per Jupiter share at any time up to 20th May 2008. Enquiries: Andrew Bell 0207 402 4580 Red Rock Resources Chairman 07766 474849 plc Alan MacKenzie/John Simpson 020 7489 4500 Blomfield Corporate Nominated Adviser Finance Ltd Ron Marshman / John Greenhalgh 020 7628 5518 City of London PR Public Relations Limited Updates on the Company's activities are regularly posted on its website,www.rrrplc.com. END This information is provided by RNS The company news service from the London Stock Exchange END MSCGUUBUAUPRGCB

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Price: 0.42

Market: AIM
Market Cap: £2.84 m
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