Rockfire Resources plc

Rockfire Resources is a base metal, precious metal, and critical mineral exploration company
Deal price
0.12
Discount of 27 %
Last Price 0.165p p

Key information

Key information

Sector

Industrial metals and mining

Close date

Delivery

Placing price

Last price

Discount

Amount raised

0.12

0.165 p

27 %

£1,020,000

Company description

Rockfire Resources is a base metal, precious metal and critical mineral exploration company with mostly 100%-owned gold/silver/copper assets in Australia, and a zinc/lead/silver/germanium asset in Greece.

Use of proceeds

The Directors intend for the net proceeds of the Placing to be used, in conjunction with Rockfire's existing available cash, to continue development of the Company's Molaoi zinc/silver/lead/germanium project in Greece. Rockfire is in a unique position with large resources of zinc and associated germanium, both of which are considered critical raw materials. Proceeds will also be used to fund on-going working capital requirements within the Company.

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