THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU) NO.596/2014, WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR").
22 September 2023
Rockfire Resources plc
("Rockfire" or the "Company")
Disposal of interest in Rockfire by Paloma Precious DMCC
Rockfire Resources plc (LON: ROCK), the gold, base metal and critical mineral exploration company, announces that on 21 September 2023, Paloma Precious DMCC ("Paloma"), notified the Company via a TR-1 form that, on 20 September 2023, it sold 400,000,000 ordinary shares of 0.1 pence each in the capital of the Company (the "Ordinary Shares") in an off-market transaction at a price of 0.5 pence per Ordinary Share (the "Disposal"). Following the Disposal, Paloma has no interest in Rockfire's issued share capital.
The person responsible for arranging the release of this announcement on behalf of the Company is David Price, Chief Executive Officer of the Company.
For further information on the Company, please visit www.rockfireresources.com or contact the following:
| Rockfire Resources plc: | |
| David Price, Chief Executive Officer Gordon Hart, Chairman | |
| | |
| Allenby Capital Limited (Nominated Adviser & Broker): | Tel: +44 (0) 20 3328 5656 |
| John Depasquale / George Payne (Corporate Finance) | |
| Matt Butlin / Kelly Gardiner (Sales and Corporate Broking) | |
Notes to Editors
Rockfire Resources plc (LON: ROCK) is a gold, base metal and critical mineral exploration company, with a high-grade zinc/lead/silver/germanium deposit in Greece, and a portfolio of gold/copper/silver projects in Queensland Australia.
§ The Molaoi deposit in Greece has a JORC resource of 210,000 tonnes of zinc, 39,000 tonnes of lead and 3.5 million ounces of silver, using a 4% Zn cut off.
§ The Plateau deposit in Queensland has a JORC resource of 131,000 ounces of gold and 800,000 ounces of silver, using a 0.5g/t Au cut off. 53,000 of these ounces lie within the top 100m from surface.
§ The Copperhead deposit in Queensland has a JORC resource of 80,000 tonnes of copper, 9,400 tonnes of molybdenum and 1.1 million ounces of silver, using a 0.13% CuEq. cut off.
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