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Golden Rock Global plc (GRG) completed its Convertible Loan Note (CLN) fundraising, raising a total of £1,490,000. This included a further £1,035,000 from sophisticated investors, to whom GRG issued £1,035,000 in CLNs. GRG is preparing a simplified prospectus for the admission of Ordinary Shares related to CLN conversion and has conducted early stage due diligence for its proposed acquisition of SSS Matrix Corp., engaging further advisors.
| Date | 23 Jun 2026 |
| Time | 08:21:11 |
| Category | Capital structure |
| ID | 3765J |
23 June 2026
Golden Rock Global Plc
Convertible Loan Note Fundraising and Acquisition Update
Convertible Loan Note Fundraising
Golden Rock Global plc, ("GRG", the "Company") a Jersey registered company admitted to the Equity Shares (Shell Companies) category of the Official List of the Financial Conduct Authority (the "FCA") (the "Official List") and to the main market of the London Stock Exchange plc ("Main Market") is pleased to announce that further to its announcement of 17 March 2026, the Company has raised a further £1,035,000 from sophisticated investors and has issued £1,035,000 in principal value of CLNs pursuant to the CLN Instrument.
The Company has now completed its fundraising pursuant to the CLN Instrument and has raised a total of £1,490,000.
In connection with the fundraising, the Company is preparing a simplified prospectus for the purpose of enabling admission of the Ordinary Shares, to be issued to the CLN holders on conversion of the CLNs, to the Equity Shares (Shell Companies) category of the Official List and to trading on the Main Market. Subject to approval by the FCA, the Company expects to publish the prospectus by the end of July.
Defined terms used in this announcement shall have the same meaning given in the Company's announcement of 17 March 2026.
Proposed Acquisition
Further to the Company's announcement of 22 January 2026 in respect of the Company entering into non-binding, conditional, heads of terms for the proposed acquisition of SSS Matrix Corp. ("SSSM") (the "Proposed Acquisition"), the Company has undertaken early stage due diligence on SSSM. The Board is pleased with the initial findings of the due diligence process and is currently in the process of engaging further advisors to progress the due diligence and transaction more generally.
GRG will continue to update the market as the transaction progresses.
Enquiries
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Golden Rock Global plc John Croft
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Tel: +9715 2806 8918 |
LEI: 213800LQDN7P5PV83Q46
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.