RMP Red Emperor Resources Nl

TIDMRMP

RNS Number : 9414Y

Red Emperor Resources NL

14 May 2019

14 May 2019

Red Emperor Resources NL

REFUND OF PERFORMANCE BOND

The Board of Red Emperor Resources NL (ASX/AIM: RMP) ("RMP", "Red Emperor" or the "Company"), advises that following completion of the drilling of the Winx-1 exploration well within the Western Blocks, North Slope of Alaska, the refund of the performance bond (RMP share US$1.05 million) has now been received.

RMP is financially well placed to proceed with its evaluation plans for the Western Blocks and continue its ongoing evaluation of other project opportunities, with a current cash balance of approximately A$5.9 million.

For further information, please visit www.redemperorresources.com or contact:

 
 Red Emperor Resources NL                           +61 8 9212 0102 
 Greg Bandy 
 
 Strand Hanson Limited (Nominated Adviser)          +44 (0) 20 7409 3494 
 James Harris 
 
 Brandon Hill Capital (UK Broker)                   +44 (0) 203 463 5010 
 
 708 Capital Pty Ltd (Australian Broker)            +61 (0) 2 9112 2500 
 
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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