Business
Result of WRAP Retail Offer
Richmond Hill Resources Plc announced the successful completion of its WRAP Retail Offer, raising gross proceeds of £39,000 through the issuance of 1,505,298 new ordinary shares at 2.6 pence per share. Combined with the £600,000 raised from a placing, the company has secured total gross proceeds of approximately £639,000. These new shares are expected to be admitted to trading on AIM around February 11, 2026, and will rank pari passu with existing ordinary shares. Following admission, the company's issued share capital will consist of 658,843,247 ordinary shares. Disclaimer*
About this update from Richmond Hill Resources Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \n \n \n \n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.\n \n \n \n \n \n \n \n \n 2 February 2026\n \n \n \n \n \n \n Richmond Hill Resources Plc\n \n \n \n (“\n \n Richmond Hill\n \n ” or the “\n \n Company\n \n ”)\n \n \n \n \n \n \n Result of WRAP Retail Offer\n \n \n \n \n \n \n Richmond Hill Resources is pleased to announce that further to the announcement on 28 January 2026, the WRAP Retail Offer has raised gross proceeds of £39,000, through the issue of 1,505,298 new ordinary shares of 0.1 pence each (“Ordinary Shares”) at a price of 2.6 pence per share (the “WRAP Retail Offer Shares”). With the proceeds of the Placing of £600,000, in aggregate the Company has therefore raised gross proceeds of approximately £639,000 at a price of 2.6 pence per new Ordinary Share.\n \n \n \n \n \n \n Admission and Total Voting Rights\n \n \n \n Application has been made for the WRAP Retail Offer Shares to be admitted to trading on AIM (\"Admission\"). Admission is expected to become effective and dealings in the WRAP Retail Offer Shares is expected to commence on or around 11 February 2026.\n \n \n \n \n \n For the purposes of the Disclosure and Transparency Rules, following Admission, the Company's issued share capital will comprise 658,843,247 Ordinary Shares of 0.1 pence each. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.\n \n \n \n \n...