Red Mountain Mining Ltd (ASX:RMX) has said that it has has agreed to extend the timeframe for their strategic funding partner for the Batangas Gold Project, Bluebird Merchant Ventures Ltd, to complete their Initial Public Offering.
Batangas currently hosts an Indicated and Inferred resource of 6.19 million tonnes at 2.2g/t gold for 444,000 ounces.
This also includes admission to trading on the main market of the London Stock Exchange to on or before 15 April 2016.
Red Mountain added that it will provide further information regarding the timing of Bluebird’s admission as soon as it becomes available.
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