Red Rock Resources PLC

("Red Rock" or the "Company")

Issue of Shares and Warrants

31 January 2025                                                                  

Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons, principally in Africa and Australia, announces the issue for cash of 28,571,428 new ordinary shares of 0.01 pence each in the Company ("Shares") at a subscription price of 0.035 pence per Share with accompanying 28,571,428 warrants, exercisable at a price of 0.040 pence per Share at any time before 21 January 2028 ("January 2028 Warrants - Series I"), pursuant to a subscription in conversion of an advance of £10,000 by an existing shareholder.

The Company further announces the issue for cash of 25,000,000 new ordinary shares of 0.01 pence each in the Company ("Shares") at a subscription price of 0.040 pence per Share with accompanying 25,000,000 warrants, exercisable at a price of 0.050 pence per Share at any time before 27 January 2028 ("January 2028 Warrants - Series II"), pursuant to a subscription in conversion of an advance of £10,000 by an existing shareholder.

Admission to Trading on AIM and Total Voting Rights

Application is being made for 53,571,428 Shares to be admitted to trading on AIM, the admission of which it is expected on or around 5 February 2025.

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 Shares, its issued ordinary share capital will comprise 6,451,995,381 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 6,451,995,381. 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

Bob Roberts 0203 8696081                                                        Broker Clear Capital Corporate Broking

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.

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.