Red Rock Resources Updates Australian Gold Project Agreement

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Red Rock Resources ( (GB:RRR) ) has shared an update.

Red Rock Resources has announced an amendment to its agreement with Power Metal Resources regarding the acquisition of a 49.9% interest in New Ballarat Gold Corporation, which manages exploration interests in the Victoria Goldfields and South Australia. The amendment includes a rescheduling of payments and changes in the terms of convertible loan notes and warrants, potentially impacting Red Rock’s financial planning and market strategy in the Australian gold sector.

More about Red Rock Resources

Red Rock Resources PLC is a natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons, primarily operating in Africa and Australia.

YTD Price Performance: -40.0%

Average Trading Volume: 42,743,412

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £2.4M

Find detailed analytics on RRR stock on TipRanks’ Stock Analysis page.

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