JMS 0.00% 16.5¢ jupiter mines limited.

announcement, page-12

  1. 62 Posts.
    RNS Number:0681T
    Red Rock Resources plc
    24 April 2008

    RED ROCK RESOURCES PLC



    Calling of Extraordinary General Meeting of Jupiter Mines Limited





    Dated: 24 April 2008



    Red Rock Resources plc ("Red Rock" or the "Company") the mineral exploration and
    development company focused on advancing iron ore, uranium and manganese
    projects in Australia and East Africa, announces that, being a shareholder
    holding approximately 8 per cent of the issued capital of Jupiter Mines Limited
    ("Jupiter"), a company listed on the Australian Stock Exchange, it has served
    notice that it is requisitioning an Extraordinary General Meeting of Jupiter
    shareholders to propose changes to the composition of the board of directors of
    Jupiter.



    It is the intention of Red Rock, as the largest shareholder of record in
    Jupiter, to encourage Jupiter to strengthen its board and take advantage of the
    iron ore opportunities Red Rock believes exist in the South Central Yilgarn of
    Western Australia.



    Red Rock owns the 205 sq km Mt Alfred tenement in the region, as well as a
    shareholding of over 8 per cent in Mindax Ltd, which owns mining tenements
    adjacent to and on strike with Mt Alfred. Red Rock has a 1.5% royalty interest
    in Jupiter's Mt Ida and Mt Hope tenements. Red Rock has disclosed a shareholding
    of 11,347,178 shares in Jupiter amounting to 8.01% of the outstanding share
    capital, and holds 3,500,000 options exercisable into Jupiter shares at 20c per
    Jupiter share at any time up to 20th May 2008.





    Enquiries:


    Andrew Bell 0207 402 4580 Red Rock Resources plc
    Chairman
    or
    07766 474849

    John Simpson 020 7512 0191 Blomfield Corporate Finance Ltd Nominated
    Adviser

    Ron Marshman / John 020 7628 5518 City of London PR Limited Public
    Relations
    Greenhalgh
 
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