Investee Company update Richmond Hill Resources
In brief · summary, not quotable
Gunsynd notes investee Richmond Hill's admission to AIM, acquisition plans and £1.4m placing.
- Gunsynd shareholding in Richmond Hill 3,590,594 shares (3.43%)
- Loans outstanding in Richmond Hill £144,259
- Richmond Hill placing £1.4 million at 1p per share
Full announcement
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Gunsynd (AIM: GUN) notes a Corporate update from Richmond Hill Resources PLC ("Richmond Hill") (AQSE: SHNJ) including the below:
- Publication of the Admission Document and lifting of the Company's suspension
- Proposed acquisition of the entire issued share capital of Bulawayo CC Ventures Limited
- Placing to raise £1.4 million at 1 pence per share
- Admission of the enlarged ordinary share capital to trading on AIM expected to commence on 15 October 2025
At 30 June 2025, Gunsynd had loans outstanding (including interest) of £144,259 and holds 3,590,594 ordinary shares representing approximately 3.43% of the issued share capital of Richmond Hill.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.