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.
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