PKF supports acquisition and admission to AIM
We are delighted to support Richmond Hill Resources PLC on their acquisition of the entire issued share capital of Bulawayo CC Ventures Limited and their admission to AIM.
The company has raised gross proceeds of £1,476,278, following a placing of 140,000,000 new Ordinary Shares at 1 pence per share and following a WRAP Retail Offer of 7,627,791 new Ordinary Shares at 1 pence per share, giving the company a market capitalisation of approximately £5.9 million on admission.
Richmond Hill Resources PLC is an exploration company holding 145 map designated mineral exploration titles covering a total surface area of approximately 87 km2 located in the Centre-du-Quebec region in Canada, a region that is known to host copper mineralisation.
“We were exceptionally pleased with the efforts of the Capital Markets team at PKF on our admission to AIM. Their no nonsense, straight to the point, hard on the shovel attitude was frankly refreshing and welcomed. We look forward to working with them in the future.”
Hamish Harris, CEO, Richmond Hill Resources PLC
PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys and Jack Devlin.
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