Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Rockfire Resources PLC ( (GB:ROCK) ) is now available.
Rockfire Resources PLC has announced a proposed placing to raise £3.0 million to further develop its Molaoi zinc/silver/lead project in Greece and support ongoing working capital needs. The funds will be used to upgrade the project’s resource status, with the aim of advancing the Molaoi deposit’s development and enhancing its position in the market. The company has also appointed Oak Securities as a joint broker to facilitate this process.
More about Rockfire Resources PLC
Rockfire Resources PLC is a gold, base metal, and critical mineral exploration company with significant projects in Greece and Queensland, Australia. The company focuses on high-grade zinc, lead, silver, and germanium deposits, notably the Molaoi deposit in Greece and the Plateau deposit in Queensland.
Average Trading Volume: 43,111,695
Technical Sentiment Signal: Hold
Current Market Cap: £10.42M
See more insights into ROCK stock on TipRanks’ Stock Analysis page.