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Richmond Hill Resources PLC - holding company formerly named Rogue Baron PLC - The company’s planned reverse takeover of Three Mile Beach Ltd aimed at buying the legal and beneficial interest of some mineral exploration licences in Quebec, will be later than originally anticipated. The long stop date was changed to October 15, later than formerly planned June 30. Richmond Hill Director Hamish Harris says: ‘It is unfortunate that the reverse takeover has been held up by an administrative delay in Quebec and it is now likely that admission to AIM will occur in early to mid-September. However, on a fortuitous note, since Richmond Hill entered into the transaction, a number of very positive things have happened, including the receding threat of US tariffs on China, the copper price appreciating significantly and last but not least, the return of a semblance of liquidity to UK junior markets.’ In April, Richmond Hill had announced that once the planned reverse takeover of Three Mile Beach completes, Bulawayo CC Ventures Ltd will be the owner of exploration licences, for an acquisition price of £3.3 million. Bulawayo is currently owned by Three Mile Beach. Richmond shares are currently suspended on Aquis in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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