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
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