Red Rock Resources updates on Jupiter Mines spin-off plans, Australian joint venture with Power Metal Resources
For the joint venture, Red Rock Resources Australia, the two companies said a further two licences have been approved covering 569 square kilometres
Red Rock Resources PLC (LON:RRR) has updated investors on the spin-off plans for its interest in Jupiter Mines Ltd (ASX:JMS), as well as ongoing progress at Red Rock Australia Ltd (RRAL), its joint venture company with Power Metal Resources PLC (LON:POW).
Regarding Jupiter Mines, Red Rock said the final dividend for the firm for the year ending February 28, 2021, of A$0.02 per share will be payable on May 27, from which Red Rock will receive around £150,000.