Richmond Hill Resources has moved from a spirits brand owner to a natural resources business. As part of the transformation, the company has switched from Aquis to AIM. At the same time as the move the company acquired Bulawayo CC Ventures for £3.3m in shares (£3.15m) and cash £150,000).
This purchase brings mineral exploration titles in Quebec. The focus is copper, but there could be other metals in these areas.
A placing raised £1.4m at 1p/share. A WRAP retail offer of up to £250,000 raised an additional £76,000. The cash will fund exploration and working capital and takes the ...
