Red Rock Resources
PLC
("Red Rock" or the
"Company")
Follow up -
DRC
Conclusion of
Arbitration
15
January 2025
Red Rock Resources Plc, ("Red Rock"
or "the Company"), the natural resource exploration and development
company with interests in gold, base
metals, battery metals, and hydrocarbons principally
in Africa and Australia announces
an update on the DRC further to its announcement of 6th
November 2024.
Over the Christmas and New Year
period Red Rock representatives met with various parties in
Kinshasa in connection with the pending Arbitration result and to
advance the framework agreement with Koto DRC SARL.
In relation to the former, Red Rock
has received an official invitation from the Cabinet du Chef
d'Etat, which conducted the Arbitration, to a working meeting of
the parties next Wednesday, 22nd January 2025, at the
Palais de la Nation, with the intention that the matter be
concluded and payments arranged.
The Company will provide an update
next week.
For
further information, please contact:
Andrew Bell 0207 747
9990
Chairman Red Rock Resources
Plc
Roland Cornish/ Rosalind Hill Abrahams
0207 628
3396 NOMAD Beaumont Cornish
Limited
Bob
Roberts 0203
8696081
Broker Clear Capital
Corporate Broking
This announcement contains
inside information for the purposes of Article 7 of Regulation
2014/596/EU, which is part of domestic UK law pursuant to the
Market Abuse (Amendment) (EU Exit) regulations (SI
2019/310) and is disclosed in
accordance with the Company's obligations under Article
17.
Beaumont Cornish Limited ("Beaumont
Cornish") is the Company's Nominated Adviser and is authorised and
regulated by the FCA. Beaumont Cornish's responsibilities as the
Company's Nominated Adviser, including a responsibility to advise
and guide the Company on its responsibilities under the AIM Rules
for Companies and AIM Rules for Nominated Advisers, are owed solely
to the London Stock Exchange. Beaumont Cornish is not acting for
and will not be responsible to any other persons for providing
protections afforded to customers of Beaumont Cornish nor for
advising them in relation to the proposed arrangements described in
this announcement or any matter referred to in it.