Rockfire Resources (LON:ROCK) Exercise of warrants and issue of equity

Rockfire Resources plc (LON: ROCK), the gold and base-metal explorer, is pleased to announce that it has made application to the London Stock Exchange for the admission to trading on AIM (“Admission”) of 12,333,333 new ordinary shares of 0.1p each in the Company (“New Ordinary Shares”). The New Ordinary Shares are being issued pursuant to the exercise of warrants to subscribe for Ordinary Shares.

The New Ordinary Shares rank pari passu in all respects with the Company’s existing ordinary shares and Admission is expected to become effective on 19 December 2019.

David Price, Chief Executive Officer of Rockfire, commented:

“To see the exercise of warrants is pleasing, as this provides additional working capital for our on-going exploration plans. To date, the Company has received £278,000 from the exercise of warrants – money which will be used for further drilling at Plateau.”

“I would like to thank our shareholders for their continued support of the Company and for showing a high level of confidence in where we plan to take Rockfire in the future.”

Total Voting Rights

On Admission, the issued share capital of the Company will consist of 580,141,178 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 580,141,178. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.


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