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Last C$0.02 CAD
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RRK On Other Exchanges
As of 3:53 PM 08/14/15 All times are local (Market data is delayed by at least 15 minutes).

red rock energy inc (RRK) Snapshot

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05/20/15 - C$0.06
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red rock energy inc (RRK) Details

Red Rock Energy Inc. engages in the acquisition, exploration, and development of properties for the production of uranium, and oil and gas in Canada. The company’s principal assets include mineral properties located in Saskatchewan; and oil and gas properties located in British Columbia. It holds a 100% interest in 13 claims covering approximately 11,000 hectares located in Uranium City, Saskatchewan; and 5 additional claims covering approximately 960 hectares in the Northwest Territories. The company also holds interests in oil and gas rights covering an area of 4200 acres in northeast British Columbia. Red Rock Energy Inc. was founded in 2005 and is headquartered in Calgary, Canada.

Founded in 2005

red rock energy inc (RRK) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: C$12.0K
Vice President, Corporate Secretary and Direc...
Total Annual Compensation: C$18.0K
Vice President of Exploration
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

red rock energy inc (RRK) Key Developments

Red Rock Energy Inc. Receives Alternative Mining Technique Test Results

Red Rock Energy Inc. announced that it has received the results of a technical study commissioned to examine a proposed alternative mining method for hard rock environments brought forward by Red Rock's technical team. This proposed alternative mining method would employ a varied form of in-situ recovery (ISR) technique, which currently accounts for a significant portion of world uranium production. The study area was restricted to the rock environment of Red Rock Energy's Fusion Uranium Zone Project and is contained within Red Rock's Uranium City project area. The conclusions of the study were very positive and, based on the favourable findings contained in this report, the Company has requested that an industry partner submit a proposal to carry out a Preliminary Economic Assessment (PEA) of the feasibility of utilizing the Company's new technique for feasible uranium extraction from the Fusion Zone. Red Rock has also engaged a professional services firm to assist in assessing whether the significant advancements of these new applications are capable of protection under international intellectual property laws. This work is ongoing.

Red Rock Energy Reviews Strategic And Financial Alternatives

Board of Directors of Red Rock Energy Inc. (TSXV:RRK) has commenced a process to consider strategic and financial alternatives with the objective of enhancing shareholder value. Strategic and financial alternatives may include, but are not limited to, the sale of the Corporation, merger or other business combination, additional financing, sale of all or a portion of the Corporation's assets, or any combination thereof, and continued execution of its business plans among all other alternatives. The Board of Directors has established an independent committee comprised of independent directors to oversee the process.

Red Rock Energy Inc., Annual General Meeting, Nov 18, 2013

Red Rock Energy Inc., Annual General Meeting, Nov 18, 2013., at 10:00 Mountain Daylight. Location: The offices of Red Rock Energy Inc., Suite 405. Agenda: To receive and consider the financial statements of the Corporation for the fiscal year ended March 31, 2013 and the Auditors' report thereon; to fix the number of directors of the Corporation for the ensuing year at five until such time as the Directors determine by resolution to increase or decrease that number; to elect Directors for the ensuing year or until their successors have been elected or appointed; to appoint DNTW Chartered Accountants LLP, as Auditors for the ensuing year and to authorize the Directors to fix their remuneration; to approve the consolidation of the share capital of the Corporation; to approve the amended and restated stock option plan for the Corporation; and to transact such other business as may properly come before the meeting or any adjournment or adjournments thereof.


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