Red Rock Resources Plc

("Red Rock" or the "Company")

Issue of Shares under Share Incentive Plan and Directors' Dealings

6 May 2022

Red Rock Resources Plc, the natural resource development company focussed on gold, with developing interests in copper, cobalt, and other minerals, announces that on 5 May 2022, the Board of Directors approved the issuance of 5,038,253 ordinary shares of £0.0001 each in the Company ("New Ordinary Shares") under the Company's Share Incentive Plan ("SIP") for the 2021/22 tax year as agreed by the Trustees in their meeting held on 1 April 2022.

Directors' Participation

Directors participated in the shares purchase and award of 7,189,829 the New Ordinary Shares under the SIP in respect of the 2021/22 tax year, the details of which have been included in the table below, which sets out the total shareholding and interests of the Directors in the enlarged share capital of the Company.

There were 3,845,692 unallocated pool shares in the SIP, which have been utilised partially to cover the total allocations under the SIP, therefore, reducing the required amount of new shares to be issued to 5,038,253.

* These shares are held on Director's behalf by Red Rock Resources Plc Share Incentive Plan Trustees.

Admission to Trading on AIM and Total Voting Rights

Application is being made to AIM for 5,038,253 New Ordinary Shares, allotted in relation to the SIP for 2021/22 tax year, to be admitted to trading on AIM, the admission of which it is expected on or around 13 May 2022.

In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the New Ordinary Shares, its issued ordinary share capital will comprise 1,227,867,054 ordinary shares.

All of the ordinary shares have equal voting rights and none of the ordinary shares are held in Treasury. The total number of voting rights in the Company will therefore be 1,227,867,054. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or change to their interest in, the Company.

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

Jason Robertson 0207 374 2212                                                Broker First Equity Limited                                                        

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.