StockBox

    Red Rock Resources Agree to Acquire 100% of New Ballarat Gold #rrr

    3/13/2024
    301 views
    9:12

    Red Rock Resources agree to acquire the remaining 49.9% interest in Red Rock Australasia, making it the sole owner pending due diligence, funding, board approval, and any necessary shareholder approvals. The decision to take full control of New Ballarat Gold Corporation was driven by strategic flexibility and the desire to advance the substantial gold asset towards production amid favorable market conditions. The CEO is heading to the DRC to address ongoing arbitration issues in the and plans for rapid progress in advancing the newly acquired asset. By Mark Fairbairn Recorded 13/3/2024

    Stay Updated with StockBox

    Receive our weekly newsletter featuring key market moves, company updates, and fresh analysis.

    We respect your privacy. Unsubscribe at any time.