Richmond Hill Resources Raises Equity via Share Placement

03:16 AM EDT, 10/16/2026 (MT Newswires) -- Richmond Hill Resources (RHR.L) raised 285,010 pounds sterling by placing 25,910,000 new shares at 0.011 pound per share, the mining company said Friday. Proceeds are earmarked for general working capital and to finance the planned drilling at the gold exploration company's flagship Sakoose target within the Martello gold project in Ontario, Canada.