Red Emperor Resources NL Refund of Performance Bond (9414Y)
May 14 2019 - 3:35AM
UK Regulatory
TIDMRMP
RNS Number : 9414Y
Red Emperor Resources NL
14 May 2019
14 May 2019
Red Emperor Resources NL
REFUND OF PERFORMANCE BOND
The Board of Red Emperor Resources NL (ASX/AIM: RMP) ("RMP",
"Red Emperor" or the "Company"), advises that following completion
of the drilling of the Winx-1 exploration well within the Western
Blocks, North Slope of Alaska, the refund of the performance bond
(RMP share US$1.05 million) has now been received.
RMP is financially well placed to proceed with its evaluation
plans for the Western Blocks and continue its ongoing evaluation of
other project opportunities, with a current cash balance of
approximately A$5.9 million.
For further information, please visit
www.redemperorresources.com or contact:
Red Emperor Resources NL +61 8 9212 0102
Greg Bandy
Strand Hanson Limited (Nominated Adviser) +44 (0) 20 7409 3494
James Harris
Brandon Hill Capital (UK Broker) +44 (0) 203 463 5010
708 Capital Pty Ltd (Australian Broker) +61 (0) 2 9112 2500
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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