Hot Rocks Investments plc: UNAUDITED INTERIM FINANCIAL INFORMATION FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2023

Hot Rocks Investments plc (HRIP) Hot Rocks Investments plc: UNAUDITED INTERIM FINANCIAL INFORMATION FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2023 28-Dec-2023 / 12:30 GMT/BST HOT ROCKS INVESTMENTS PLC  ("Hot Rocks" or the "Company") UNAUDITED INTERIM FINANCIAL INFORMATION FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2023 CHAIRMAN'S STATEMENT I hereby present the interim results for the Company for the six months ended 30th September 2023. The Company is an active investor largely in junior natural resources companies. The Company made a total comprehensive loss of GBP41,367 for the period. The Company will not be paying a dividend. Cash at bank at 30th September 2023 was GBP 18,415. We now hold stakes in the following entities: Aqru plc D3 Energy Elephant Oil Corp Impact Oil & Gas Limited Mafula Energy Limited MedGold Resources Corp Minergy Limited Mosi Copper Limited New Horizon Oil & Gas Limited NFT Investments plc Pilar Gold Inc Rift Resources Limited Roquefort Therapeutics Limited Royal Road Minerals Limited Trigon Metals Inc Unicorn Mineral Resources plc Brian Rowbotham Non-Executive Chairman 28 December 2023    HOT ROCKS INVESTMENTS PLC CONDENSED STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2023 6 Months 6 Months Year to to 30.9.23 to 30.9.22 31.3.23 Continuing operations Revenue 0 0             0 Operating expenses (30,882) (38,995)  (78,178) Foreign exchange gain(loss) on available -for-sale financial assets  4,358  (30,108) Other (loss) – sale of financial assets at fair value through profit & loss account (15,061) (35,108) (62,462) Fair value gains(losses) on financial assets           218 (241,795)   (197,063)   _______             ______ ______ Loss from operations before taxation       (41,367) (315,898) (367,811) Corporation tax 0 0            0  ________           _____ ______ Loss for period (41,367) (315,898) (367,811) Total comprehensive expenditure for the period (41,367) (315,898) (367,811) Loss per share (pence) Basic (0.02) (0.18)      (0.21) Diluted (0.02) (0.18)      (0.21)                     HOT ROCKS INVESTMENTS PLC CONDENSED STATEMENT OF FINANCIAL POSITION AS AT 30TH SEPTEMBER 2023 6 Months to 30.9.23 6 Months  to 30.9.22 Year  to 31.3.23 Assets Non-current assets Financial assets at fair value through profit and loss       385,171 389,826 385,171     _______            ______  ______ 385,171 389,826 385,171 Current assets Financial assets at fair value through profit and loss 293,333 331,098 344,393 Trade and other receivables 30,115 55,419        606 Cash and cash equivalents 18,415 10,583   21,928 341,863 397,100 366,927 Total assets 727,034 786,926 752,098 Equity and liabilities Equity Called up share capital 173,602 173,602 173,602 Share premium account 1,174,631 1,174,631 1,174,631 Share based payment reserve 115,600 115,600 115,600 Retained loss (1,030,827) (937,548) (989,460)    ______ ______ 433,006 526,285 474,373 Current liabilities Trade and other payables 294,028 260,641 277,725 Total equity and liabilities 727,034 786,926 752,098                   HOT ROCKS INVESTMENTS PLC CONDENSED CASH FLOW STATEMENT FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2023   6 Months to 30.9.23  6 Months to 30.9.22 Year to 31.3.23 Cash flows from operating activities Operating loss (41,367) (315,898) (367,810) Adjustments: Interest                                   158  Fair value adjustment of financial assets through profit and loss (218) 241,795 197,063 Loss on disposal of financial assets through profit and loss 15,061 35,108   62,462            (4,358)    30,108 Foreign exchange (gain) loss  Movements in working capital: (Increase)decrease in trade and other receivables        (29,508)              - 39,601 Increase in trade and other payables 16,302 15,040 32,065     _______        _____   _____ Net cash used in operating activities (44,088) (23,955) (6,353) Cash flows from investing activities         Proceeds from disposal of financial assets through profit and loss 125,650 13,643 62,300 Acquisition of financial assets through profit and loss (85,075) 0 (70,025)       ______          _____  _______ Net cash used in investing activities 40,575 13,643 (7,725)     ______    ______   ______ Decrease in cash and cash equivalents (3,513) (10,312) (14,078) Cash and cash equivalents at the beginning of the period 21,928 76,314 36,006        ______         ____ ______ Cash and cash equivalents at the end of the period 18,415 66,002 21,928 HOT ROCKS INVESTMENTS PLC ACCOUNTING POLICIES FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2023 Financial information The financial information set out above does not constitute statutory accounts within the meaning of Section 434 Companies Act 2006. It has been prepared on a going concern basis in accordance with the recognition and measurement criteria of the International Financial Reporting Standards (IFRS) as adopted by the European Union. The accounting policies used in the preparation of this set of condensed interim financial statements are consistent with those set out in the Company's annual financial statements for the year ended 31 March 2023. Statutory accounts for the year ended 31 March 2023 were approved by the Board of Directors on 29 September 2023 and delivered to the Registrar of Companies. The report of the independent auditor on those accounts was unqualified. The financial information for the six months ended 30 September 2023 has not been reviewed. As permitted, the Company has chosen not to adopt IAS 34 "Interim Financial Statements" in preparing this interim financial information. Risks and uncertainties The Board continually assesses and monitors the key risks of the business. The key risks that could affect the Company's medium-term performance and the factors that mitigate those risks have not substantially changed from those discussed in the Financial Statements to 31 March 2023. Critical accounting estimates The preparation of the condensed interim financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the end of the reporting period. Significant items subject to estimates are set out in the accounting policies of the Company's Financial Statements to 31 March 2023. The Directors of the issuer are responsible for the content of this announcement. For further information please contact: Hot Rocks Investments plc - Gavin Burnell: 020 7264 4546 Optiva Securities Ltd – Daniel Ingram: 020 3981 4178 Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

ISIN:	GB00B1WV3198
Category Code:	IR
TIDM:	HRIP
LEI Code:	213800JNSRPMZVREEO51
Sequence No.:	294468
EQS News ID:	1805153

End of Announcement	EQS News Service