DMH Stallard advises Allenby Capital Limited as broker to Rockfire Resources plc in £850,000 equity fundraising

11 May 2021

Nick Williams and Amber Monaghan advised Allenby Capital Limited on its role as broker to Rockfire Resources plc (Rockfire) in a £850,000 equity fundraising which completed today (11 May) on the admission of the shares subscribed to trading on the AIM Market operated by the London Stock Exchange.

The fundraising comprised a placing with institutional and other investors of 121,429,200 new ordinary shares of 0.1p each in Rockfire at a price of 0.7p per share to raise an aggregate gross amount of £850,000.

Rockfire is a gold and base metal exploration company.  The net proceeds of the placing will be applied to drilling at its properties.

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