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Red Rock Resources raise £1mln to advance projects in Australia, Kenya and Congo

Red Rock Resources raise £1mln to advance projects in Australia, Kenya and Congo

Red Rock Resources PLC's (LON:RRR) Andrew Bell presents his investment strategy after raising £1mln in a share placing, with the funds supporting the company as it advances projects in Australia, Kenya and Congo.

He plans to move forward more rapidly with drilling, which is estimated to cost around US$800,000. With a combination of license grants in Australia, re-grants in Kenya, and exploration progress in Congo, there are now 'three horses in the race'.

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