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Red Rock Resources raises £1m to 'put rocket fuel into the engine'

 

Red Rock Resources PLC's (LON:RRR) Andrew Bell talks to Proactive London about their £1m placing which will be used for their projects in Kenya, now that they have regained their license.

Other projects in the Congo and Australia will also benefit from this placing and as Bell says, his Congo activities are now accelerating after 'running on empty for a while' and it is now time to 'put rocket fuel into the engine'.

He goes on to remind investors about their plans to list the Rock Resources Australasia project, a partnership with Power Metal Resources on the TSX market.

Quick facts: Red Rock Resources PLC

Price: 0.675 GBX

AIM:RRR
Market: AIM
Market Cap: £5.57 m
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Red Rock Resources submits new licence applications to explore Victoria...

Red Rock Resources PLC (LON:RRR) chairman Andrew Bell tells Proactive it has applied for new licences in the Victoria Goldfields of Queensland, Australia through its joint venture Red Rock Resources Australasia with Power Metal Resources PLC (LON:POW). Bell says the ground under application...

on 05/19/2020

2 min read