23
December 2024
Rockfire Resources
Plc
("Rockfire"
or the "Company" or the "Group")
Grant of Share
Options
Rockfire Resources plc (LON: ROCK),
the base metal, precious metal and critical mineral exploration
company, announces that options to
subscribe for 57,000,000 new ordinary shares in the Company (the
"Ordinary Shares") were
granted on 19 December 2024 to the Directors at an exercise price
of 0.32 pence per Ordinary Share, being the double the mid-market
closing price on 19 December 2024 of 0.155 plus 0.01 pence, in
accordance with the terms of the Directors' service agreements. The
options have a term of three years and any unexercised options will
expire at midnight on 19 December 2027.
The options granted will result in
an increase from 0 to 57,000,000 in the number of outstanding
options over Ordinary Shares, representing approximately 1.45% of
the Company's issued share capital.
The options vested immediately upon
issue.
The grants made are as
follows:
|
Directors
|
No. of
options
|
Exercise
price
|
Option expiry
date
|
Total no. of options now
held
|
|
David Price
|
15,000,000
|
0.32
pence
|
19
December 2027
|
15,000,000
|
|
Gordon Hart
|
15,000,000
|
0.32
pence
|
19
December 2027
|
15,000,000
|
|
Ian Staunton
|
9,000,000
|
0.32
pence
|
19
December 2027
|
9,000,000
|
|
Nicholas Walley
|
9,000,000
|
0.32
pence
|
19
December 2027
|
9,000,000
|
|
Patrick Elliott
|
9,000,000
|
0.32
pence
|
19
December 2027
|
9,000,000
|
|
Total
|
57,000,000
|
|
|
57,000,000
|
For further information on the
Company, please visit www.rockfireresources.com or
contact the following:
|
Rockfire Resources plc:
|
info@rockfire.co.uk
|
|
David Price, Chief Executive
Officer
|
|
|
|
|
|
Allenby Capital Limited (Nominated Adviser & Broker):
|
Tel: +44 (0) 20 3328 5656
|
|
John Depasquale / George Payne
(Corporate Finance)
|
|
|
Guy McDougall / Kelly Gardiner (Sales
and Corporate Broking)
|
|
Notes to Editors
Rockfire Resources plc (LON: ROCK)
is a gold, base metal and critical mineral exploration company,
with a high-grade zinc/lead/silver/germanium deposit in Greece and
a portfolio of gold/copper/silver projects in Queensland
Australia.
The Molaoi deposit in Greece has a JORC
Inferred Mineral Resource of 15 million tonnes @ 7.26 % Zn, 1.75 %
Pb and 39.5 g/t Ag, for 1.09 million tonnes of zinc, 260,000 tonnes
of lead and 19.1 million ounces of silver.
The Plateau deposit in Queensland has a
JORC Inferred resource of 131,300 ounces of gold and 800,000 ounces
of silver. Plateau is subject to a joint venture with ASX-listed
Sunshine Metals Ltd (ASX:SHN).
The Copperhead porphyry deposit in
Queensland has a JORC resource of 80,000 tonnes of copper, 9,400
tonnes of molybdenum and 1.1 million ounces of silver.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
|
Name
|
Position
|
|
1) Gordon
Hart
2) David
Price
3) Ian
Staunton
4) Patrick
Elliott
5) Nicholas
Walley
|
Chairman
Chief Executive Officer
Non-Executive Director
Non-Executive Director
Non-Executive Director
|
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
See 1a)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Rockfire Resources plc
|
|
b)
|
LEI
|
213800THSZQSFKTXOI24
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Options over ordinary shares of 0.1
pence each in Rockfire Resources plc
GB00B42TN250
|
|
b)
|
Nature of the transaction
|
Grant of options over ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
Name
|
Volume(s)
|
Price(s)
|
|
1)
Gordon Hart
|
15,000,000
|
0.32 pence
|
|
2)
David Price
|
15,000,000
|
0.32 pence
|
|
3)
Ian Staunton
|
9,000,000
|
0.32 pence
|
|
4)
Patrick Elliott
|
9,000,000
|
0.32 pence
|
|
5)
Nicholas Walley
|
9,000,000
|
0.32 pence
|
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
19 December 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
