Red Mountain Resources, Inc. (OTCPK:RDMP) signed an agreement to acquire an additional 0.3% stake in Cross Border Resources Inc (OTCPK:XBOR) from a stockholder for $0.1 million in stock on January 22, 2013. Red Mountain Resources agreed to issue 0.11 million shares in exchange of 0.05 million shares, making an exchange ratio of 2.