Announcement • Apr 22
Richmond Hill Resources PLC (AIM:RHR) completed the acquisition of Bartlett Mining Claims Located in Ontario, Canada from Ulvestone Ltd. Richmond Hill Resources PLC (AIM:RHR) entered into a conditional agreement to acquire Bartlett Mining Claims Located in Ontario, Canada from Ulvestone Ltd for CAD 0.68 million on April 7, 2026. The aggregate consideration payable by the Company is: CAD 125,000 in cash payable on completion; and The issue of new ordinary shares in the Company at price of 1.75 pence per share equal in value to CAD 550,000 (the "Consideration Shares"), to be allotted and issued to a third party in four equal instalments as detailed further. The Consideration Shares will be subject to a lock-in agreement whereby the shares will be restricted from sale, transfer or disposal, other than in accordance with the lock-in terms. The shares will be released in four equal instalments on 15 October 2026, 15 April 2027, 15 June 2027 and 15 October 2027. Both parties agree and undertake that the Consideration Shares shall not be issued, allotted or delivered to the Seller or to any parties acting in concert (as defined in the UK City Code on Takeovers and Mergers) with the Seller.
Completion is conditional upon the Company having conducted satisfactory legal, technical and financial due diligence on the Project, and the parties obtaining all necessary consents and approvals from applicable statutory bodies regulating the mining industry in Canada.
Ludovico Lazzaretti and James Western of Cairn Financial Advisers LLP acted as financial advisors to Richmond Hill Resources and fairness opinion provider to board of directors of Richmond Hill Resources.
Richmond Hill Resources PLC (AIM:RHR) completed the acquisition of Bartlett Mining Claims Located in Ontario, Canada from Ulvestone Ltd on April 22, 2026. Richmond Hill Resources issued 16,983,827 new ordinary shares of 0.1 pence each at a price of 1.75 pence per share. Application will be made to the London Stock Exchange for the admission of the 16,983,827 Consideration Shares to trading on AIM ("Admission"). Admission is expected to occur on or around 27 April 2026. The Consideration Shares will rank pari passu with the existing ordinary shares. Bob Roberts of Clear Capital Limited acted as broker to Richmond Hill Resources in the transaction. Announcement • Apr 01
Richmond Hill Resources PLC, Annual General Meeting, Apr 30, 2026 Richmond Hill Resources PLC, Annual General Meeting, Apr 30, 2026. Location: 1 heddon street, w1b 4bd, london United Kingdom Announcement • Feb 02
Richmond Hill Resources PLC has completed a Follow-on Equity Offering in the amount of £0.039138 million. Richmond Hill Resources PLC has completed a Follow-on Equity Offering in the amount of £0.039138 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,505,298
Price\Range: £0.026