Street Calls of the Week
LONDON - Red Rock Resources Plc (AIM:RRR), a natural resource exploration and development company, announced Monday it has completed two previously disclosed financial transactions.
The company confirmed it has received the cash component of a sale reported on September 12, 2025, and has made a scheduled payment to Power Metal Resources PLC that was due on September 19, 2025.
The payment to Power Metal Resources had been rescheduled from an earlier date, as announced by Red Rock on July 21, 2025.
According to the company statement, Red Rock is currently finalizing documentation for the potential sale of certain gold assets in Ivory Coast, for which it has received exclusivity payments. Chairman Andrew Bell noted that given the recent rise in gold prices, the company would be unlikely to extend exclusivity beyond mid-October if the transaction is not completed by then.
Red Rock also indicated it expects to provide updates on developments in the Democratic Republic of Congo and other activities in the near future.
The company’s portfolio includes interests in gold, base metals, battery metals, and hydrocarbons, primarily located in Africa and Australia.
The information was disclosed in a regulatory announcement that Red Rock identified as containing inside information under UK market abuse regulations.
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