WRAP Retail Offer for up to £100,000

Richmond Hill Resources (AIM:RHR) is pleased to announce a retail offer via the Winterflood Retail Access Platform ("

WRAP

") to raise up to £100,000 (the "

WRAP Retail Offer

") through the issue of new ordinary shares of 0. 1 pence each in the capital of the Company ("

Ordinary Shares

").

Under the WRAP Retail Offer up to 3,846,153 new Ordinary Shares (the "

WRAP Retail Offer Shares

") will be made available at a price of 2.6 pence per share.

In addition to the WRAP Retail Offer and as announced on 28 January 2026, the Company placed 23,077,000 new Ordinary Shares (the "

Placing Shares

") to raise approximately £600,000 (before expenses) (the "

Placing

") at a price of 2.6 pence per Placing Share (the "

Placing Price

"). The Placing Price represents a premium of approximately 6 per cent. to the mid-market closing price of an Ordinary Share on 27 January 2026 (being the latest practicable date prior to this announcement). The issue price of the WRAP Retail Offer Shares is equal to the Placing Price.

A separate announcement has been made regarding the Placing and its terms and sets out the reasons for the Placing and use of proceeds.

The WRAP Retail Offer and the Placing are conditional on the new Ordinary Shares being admitted to trading on AIM ("

Admission

"). It is anticipated that Admission will become effective and that dealings in the new Ordinary Shares will commence at 7 a.m. on 11 February 2026.

WRAP Retail Offer

Therefore, the Company is making the WRAP Retail Offer open to eligible investors in the United Kingdom, being new or existing shareholders of Richmond Hill following release of this announcement and through certain financial intermediaries.

.

The WRAP Retail Offer is expected to close at 4pm on 30 January 2026. Eligible retail investors should note that financial intermediaries may have earlier closing times. The result of the WRAP Retail Offer is expected to be announced by the Company on or around 2 February 2026.

There is a minimum subscription of £100 per investor under the WRAP Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.

FSMA

") by Winterflood Securities Limited ("

Winterflood

"), which is authorised and regulated by the Financial Conduct Authority.

United States

" or "

US

This announcement is not an offer of securities for sale into the United States.

No public offering of securities is being made in the United States.

The value of Ordinary Shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your investment, you may get back less than you originally invested. Figures refer to past performance and past performance is not a reliable indicator of future results.

Returns may increase or decrease as a result of currency fluctuations.

Cairn Financial Advisers LLP ("

Cairn

"), which is authorised and regulated by the FCA in the United Kingdom, is acting as Nominated Adviser to the Company. Cairn has not authorised the contents of, or any part of, this announcement, and no liability whatsoever is accepted by Cairn for the accuracy of any information or opinions contained in this announcement or for the omission of any material information. The responsibilities of Cairn as the Company's Nominated Adviser under the AIM Rules for Companies and the AIM Rules for Nominated Advisers are owed solely to London Stock Exchange plc and are not owed to the Company or to any director or shareholder of the Company or any other person, in respect of its decision to acquire shares in the capital of the Company in reliance on any part of this announcement, or otherwise.

Clear Capital Markets Limited ("

Clear Capital