Deal alert: Richland Resources Ltd
Acquisition and re-admission to AIM
Read time: 1 min
Service: Capital markets Sector: Natural resources
The company’s admission follows a successful placing and subscription, raising gross proceeds of £3.33 million via the issue of, in aggregate, 120,989,112 common shares at a price of 2.75p per share.
PKF acted as reporting accountant on the transaction and the Capital Markets team included Mark Ling and Joseph Baulf.
“We were very pleased with the Capital Markets team at PKF on our readmission and acquisition of GAR. Given our chosen sector focus, we wanted to work with a reporting accountant with significant experience in the Natural Resources sector. PKF’s expertise and proactive support were important factors in enabling us to complete the acquisition and re-admission to AIM.”
Mike Allardice, Group Company Secretary | Richland Resources Ltd
Find out more about how our Capital Markets team can support you and your business. For more information on our Natural Resources expertise visit the team’s page on our website.