Signature of Contract

Red Rock Resources plc

24 July 2026

 

Red Rock Resources PLC

("Red Rock" or the "Company")

Signature of Contract

24 July 2026

Red Rock Resources Plc, the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons, principally in Africa and Australia, announces, further to the announcements of 1 June 2026 and 25 June 2026, the signature of a contract between the Ministry of Rural Development of the DRC and Koto DRC SARL for the works of construction and  installation of the first factory for manufacture of wall panels for the construction of housing in the province of Kinshasa.

This follows the public tender and publication of provisional award of the contract, which covers a further two factories. Following final award, initial payment for Lot 1, with a contract value of $7,158,887, will now be made to Koto DRC SARL.

Red Rock Chairman Andrew Bell comments: "This follows a lengthy process whereby the Company formed a 50-50 joint venture (JV) in November 2024 to operate factories and build low cost housing, made a proposal to and signed an agreement with the Ministry of Rural Development in October 2025, and subsequently in 2026 the JV won an open tender which was then reviewed by the different regulatory bodies.

The final signature of the contract is a significant milestone which permits the disbursement of funds into the JV."

Previous announcements have been made by the Company as matters progressed, notably on 6 November 2024, 23 October 2025, 11 February 2026, 1 April 2026, and now 1 June 2026 and 25 June 2026. Further announcements will be made as progress continues on this and other matters.

As noted in the Interim Statement dated 1 April 2026, the Company expected sales of assets and progress in the DRC to support the financial position, which has remained stretched while waiting for these developments. These matters have progressed but not at the forecast speed, so that the Company expects to raise further funds by disposals or otherwise, and meanwhile

depends on the continued support of key stakeholders.  

For further information, please contact:

Andrew Bell 0207 747 9990                                                       Chairman Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396           NOMAD Beaumont Cornish Limited

Bob Roberts 0203 8696081                                                        Broker Clear Capital Corporate Broking

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU, which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310) and is disclosed in accordance with the Company's obligations under Article 17.

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

END