Gunsynd Provides Update on Investee Company Richmond Hill Resources
Why we think this is neutral
This RNS announcement is a general update on Gunsynd's investee company, Richmond Hill Resources. It does not contain any specific financial or operational details that would warrant a stronger sentiment score. The announcement simply notes that Richmond Hill Resources is seeking to move its listing from the Aquis Growth Market to the AIM Market of the London Stock Exchange.
Key Points
- Richmond Hill Resources plans to move its listing from Aquis Growth Market to AIM Market
- Gunsynd holds a 3.43% stake in Richmond Hill Resources
Summary
Gunsynd Plc (AIM: GUN) has provided an update on its investee company, Richmond Hill Resources Plc (AQSE: SHNJ). Richmond Hill Resources has announced its intention to move its ordinary shares from trading on the Aquis Growth Market to the AIM Market of the London Stock Exchange. The company will make further announcements regarding the cancellation of its Aquis listing and admission to AIM in due course.