Business
Final Results
Richmond Hill Resources PLC has released its final results for the year ended 30 September 2025, reporting a loss before tax from continuing operations of $1,001,000, an improvement from the prior year's $1,662,000 loss. The company has strategically divested its beverage subsidiaries to focus on natural resources, acquiring the Saint Sophie copper project in Canada and subsequently entering into an agreement to acquire the Martello Gold Project. During the period, Richmond Hill raised approximately £1,400,000 through an AIM listing and later secured an additional £600,000 in January 2026. Net assets decreased from ($399,000) to ($1,253,000). The company plans to advance its Canadian projects, with a maiden drill campaign anticipated for the Martello project. Disclaimer*
About this update from Richmond Hill Resources Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n Richmond Hill Resources PLC\n \n (“Richmond Hill” or the “Company”)\n \n \n Final Results for the Year Ended 30 September 2025\n \n \n \n \n \n \n \n Richmond Hill Resources PLC (AIM: RHR) is pleased to announce that its Final Results for the year ended 30 September 2025 will shortly be posted to shareholders and are available on the Company's website: \n \n \n https://richmondhillresources.com/investors/corporate-documents/\n \n \n \n \n \n This announcement contains inside information for the purposes of the UK Market Abuse Regulation. The Directors of the Company are responsible for the release of this announcement.\n \n \n \n For further information, please contact:\n \n \n \n \n \n \n \n \n Richmond Hill Resources plc\n \n \n \n Hamish Harris\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Tel: +44 (0)787958 4153\n \n \n \n \n \n \n \n Cairn Financial Advisers LLP (Nominated Adviser)\n \n \n \n Ludovico Lazzaretti / James Western\n \n \n \n \n \n \n \n \n \n \n \n \n Tel: +44 (0)20 7213 0880\n \n \n \n \n \n \n \n \n \n \n Clear Capital Limited (Broker)\n \n \n \n Bob Roberts\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Tel: +44 (0) 20 3869 6080\n \n \n \n \n \n \n Further information on the Company can be found on its website at \n \n https://richmondhillresources.com/\n \n \n \n \n \n DIRECTOR’S STATEMENT & STRATEGIC REPORT\n \n \n \n Following extensive review and deliberation by the Board regarding Shareholder value and the long-term success of Richmond Hill Resources Plc, the Company made the decision to divest its subsidiaries in the beverage industry and instead concentrate on the natural resources sector, in the first instance in a copper exploration asset in Canada. The Company subsequently entered into an Acquisition Agreement with Ulvestone Ltd pursuant to which the Company acquired the entire issued share capital of the Bulawayo CC Ventures, owner of the Saint Sophie copper Project which consists of 145 map designated mineral exploration tiles covering a total surface area of approximately 87 km2. The Project is located in the Centre-du-Québec region, approximately 165 km east of Montreal and 80 km southwest of Quebec City in Canada, within a region known for copper mineralisation. As part of the process the Company delisted from AQUIS a...