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Mining

Red Rock Resources reports loan note conversion and updated terms

Red Rock Resources PLC (AIM:RRR) has announced the extension of the term of convertible notes and a partial conversion.

Some £127,000 of notes were converted into 63.5 million shares, at a price of 0.2p, the company noted in a statement.

A further £562,840 notes remain outstanding, with maturities of 18 July 2024 and 18 January 2026.