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Update re Bartlett Mining Claims

22 Apr 2026 07:00

Richmond Hill Resources Plc - Update re Bartlett Mining Claims

Richmond Hill Resources Plc - Update re Bartlett Mining Claims

PR Newswire

LONDON, United Kingdom, April 22

Richmond Hill Resources Plc

("Richmond Hill" or the "Company")

Update re Bartlett Mining Claims

Issue of Equity

Richmond Hill Resources Plc (AIM: RHR) is pleased to announce that, further to the announcement on   7 April 2026, the Company has completed the acquisition   of the Bartlett Mining Claims (the "Transaction") located in Ontario, Canada.

Pursuant to the Agreement, the Company has paid CAD$125,000 in cash and issued 16,983,827 new ordinary shares of 0.1 pence each at a price of 1.75 pence per share, in satisfaction of the CAD$550,000 consideration due under the Agreement (the "Consideration Shares") to a third party.

The Consideration Shares will be subject to a lock-in agreement whereby the shares will be restricted from sale, transfer or disposal, other than in accordance with the lock-in terms. The Consideration Shares will be released in four equal instalments on 15 October 2026, 15 April 2027, 15 June 2027 and 15 October 2027.

Issue of Shares

Application will be made to the   London Stock Exchange   for the admission of the 16,983,827 Consideration Shares to trading on AIM ("Admission").   Admission is expected to occur on or around   27 April 2026. The Consideration Shares will rank   pari passu   with the existing ordinary shares.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules, following Admission, the Company's issued share capital will comprise   735,248,168   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.

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the Company's announcement on 7 April 2026.This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Richmond Hill Resources

Hamish Harris

Tel: +44 (0)203 582 6636

Cairn Financial Advisers LLP (Nominated Adviser)

Ludovico Lazzaretti / James Western

 

Tel: +44 (0)20 7213 0880

 

Clear Capital Limited (Broker)

Bob Roberts

Tel: +44 (0) 20 3869 6080

 

Further information on the Company can be found on its website at https://richmondhillresources.com/

 



Date   Source Headline
4th Jun 20267:00 amPRNHalf Year Report for the six month period ended 31 March 2026
27th May 202611:33 amPRNMartello update
30th Apr 202610:56 amPRNResult of AGM
28th Apr 20267:00 amPRNGrant of Options
23rd Apr 20267:00 amPRNAdditional Mining Claims near Martello
22nd Apr 20267:00 amPRNUpdate re Bartlett Mining Claims
14th Apr 20267:00 amPRNMartello update
7th Apr 20267:00 amPRNConditional Acquisition of the Bartlett Mining Claims
1st Apr 20267:00 amPRNNotice of AGM
30th Mar 20263:54 pmPRNMartello Gold Project - drilling commencement
25th Mar 20267:00 amPRNFinal Results
20th Mar 20267:00 amPRNMartello Gold Project - Rig Mobilisation
17th Mar 202610:00 amPRNUpdate re Martello Gold Project
5th Feb 20268:20 amPRNFurther re Martello Gold Project& Consultancy Agreement
3rd Feb 20267:00 amPRNFurther re Establishment of EBT
2nd Feb 20267:00 amPRNResult of WRAP Retail Offer
28th Jan 202612:00 pmPRNWRAP Retail Offer for up to £100,000
28th Jan 20267:30 amPRNFundraise and update re Martello Gold Project
5th Jan 20267:00 amPRNUpdate on Martello Gold Project
2nd Jan 202611:45 amPRNChange of Registered Office
22nd Dec 202511:24 amRNSDirector/PDMR Shareholding
22nd Dec 202511:24 amPRNDirector/PDMR Shareholding
18th Dec 20257:00 amPRNTerm sheet for high grade gold project in Canada
17th Dec 20253:01 pmPRNUpdate on Saint-Sophie Project & Establishment of EBT
23rd Oct 20254:34 pmPRNDual Listing on Frankfurt Stock Exchange
15th Oct 20257:00 amPRNAdmission to trading on AIM & First Day of Dealings

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