Rockfire Resources plc

PML

GB00B42TN250

Diversified Mining

Delayed London S.E. Other stock markets 04:45:02 2024-04-29 am EDT			5-day change	1st Jan Change
0.212 ^GBX	+0.95%		-3.64%	-24.29%

Mar. 19	EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic	AN
Mar. 19	Rockfire Resources Outlines Potential to Expand Zinc Mineralization at Molaoi Deposit	MT

Rockfire Resources taking legal advice amid Paloma sanctions

November 08, 2023 at 01:20 pm EST

Rockfire Resources PLC - Australia and Greece-focused base metal, gold, and critical mineral exploration company - Notes the announcement by the UK Foreign, Commonwealth & Development Office imposing sanctions on Paloma Precious DMCC and 28 other individuals and entities. In September, Rockfire said it acquired 100% of Emirates Gold DMCC and 99% of Emperesse Bullion LLC from Paloma Precious DMCC via a share purchase agreement which constituted a reverse takeover. Subsequently, Paloma notified the company it had sold its entire interest of 400 million shares in Rockfire in an off-market transaction. In light of the sanctions announced today, says taking urgent legal advice in order to determine the impact on the transaction.

Current stock price: 0.37 pence

12-month change: down 98%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BIST 100	10,011 PTS	+0.97%	+3.81%	-
	ROCKFIRE RESOURCES PLC	0.212 GBX	+0.95%	-3.64%	6.69M

Latest news about Rockfire Resources plc

EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic	Mar. 19	AN
Rockfire Resources Outlines Potential to Expand Zinc Mineralization at Molaoi Deposit	Mar. 19	MT
Rockfire Resources plc Announces Drilling Program at its 100%-Owned Molaoi Zinc Deposit in Greece Intersected High-Grade Zinc Beneath the Main Resource	Mar. 19	CI
Beowulf ups Vardar stake; Impellam buyout nears	Mar. 04	AN
Rockfire Resources plc Announces Active Drilling Program At Its 100%-Owned Molaoi Zinc Deposit in Greece	Mar. 04	CI
EARNINGS AND TRADING: Tandem FY sales down 17%; Hikma's opioid deal	Feb. 01	AN
Rockfire Resources Receives $2 Million Payment Following Terminated Acquisition	Feb. 01	MT
Rockfire confident about twinned holes at Maloi zinc deposit	Jan. 30	AN
Rockfire touts positive drill results from Lighthouse tenement	Jan. 19	AN
Rockfire shares rise as it secures USD2 million repayment	Dec. 12	AN
Rockfire Resources Seeks Exemption License from UK Sanctions Office for Canceled Deal	Dec. 04	MT
Rockfire requests exemption license from OFSI for return of USD2Million	Dec. 04	AN
BiVictriX patent boost; 4Global deal extended	Nov. 15	AN
Rockfire Resources Shares Surge as Sunshine Metals Begins Drilling in Australia	Nov. 15	MT
Rockfire Resources plc Notifies by Sunshine Metals Limited, It Commenced Drilling At Rockfire's Lighthouse Tenement in Queensland, Australia	Nov. 15	CI
PCI-PAL picked by Zoom; Biome in project delays	Nov. 13	AN
Rockfire Resources taking legal advice amid Paloma sanctions	Nov. 08	AN
Rockfire Resources begins drilling at Molaoi in Greece	23-10-13	AN
Rockfire Resources Kicks Off Drilling at Greek Zinc Site	23-10-13	MT
Rockfire Resources plc Commences Drilling at its 100%-Owned Molaoi Zinc Deposit in Greece	23-10-13	CI
EARNINGS: Rockfire interim loss widens due to increased expenses	23-09-29	AN
Rockfire Resources plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
An unknown buyer acquired an unknown stake in Rockfire Resources plc from Paloma Precious DMCC for £2 million.	23-09-21	CI
Rockfire Resources raises GBP3.5 million via investors	23-09-21	AN
Rockfire Resources plc announced that it has received £3.5 million in funding	23-09-19	CI

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Company Profile

Rockfire Resources plc is a United Kingdom-based precious, base metal and critical mineral exploration company with gold/silver/copper assets in Australia, and a zinc/lead/silver/germanium asset in Greece. The Companyâs projects include Molaoi, Lighthouse, Copperhead, Copper Dome, and Marengo. The Molaoi Zn/Pb/Ag project is a volcanogenic massive sulphide deposit in the Peloponnese Province of Southern Greece. The Lighthouse tenement (EPM 25617) is located approximately 50 kilometers (km) southeast from the gold mining centre of Charters Towers in Queensland Australia. Copperhead is an undeveloped, large-scale porphyry copper deposit located close to the central Queensland coast and lies within the East Tasmanide belt of porphyry copper deposits. Copper Dome lies approximately 50 km to the southwest of Copperhead. The Marengo Gold/Copper/Silver Project, which is located in central Queensland is an Intrusion Related Gold System (IRGS) incorporating the Marengo Goldfield.

Sector

Diversified Mining

Calendar

2024-05-19 - Q4 2023 Earnings Release (Projected)

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Sector Integrated Mining

	1st Jan change	Capi.
ROCKFIRE RESOURCES PLC	-24.29%	6.69M
BHP GROUP LIMITED	-14.76%	143B
RIO TINTO PLC	-6.33%	117B
GLENCORE PLC	+0.02%	71.07B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+5.25%	50.28B
GRUPO MÉXICO, S.A.B. DE C.V.	+13.30%	48.38B
ANGLO AMERICAN PLC	+36.91%	39.93B
TECK RESOURCES LIMITED	+22.92%	26.1B
HINDUSTAN ZINC LIMITED	+33.36%	21.36B
IVANHOE MINES LTD.	+58.44%	18.64B

Integrated Mining

Rockfire Resources plc

Equities

PML

GB00B42TN250

Diversified Mining

Rockfire Resources taking legal advice amid Paloma sanctions

Stocks mentioned in the article

Latest news about Rockfire Resources plc

Chart Rockfire Resources plc

Company Profile

Income Statement Evolution

Sector Integrated Mining