(Alliance News) - Boston International Holdings PLC on Wednesday said it is not in the position to publish its 2023 annual results.

The London-based special purpose acquisition company noted that it was required to publish its results by Tuesday.

It explained that it is not in position, as it continues to put together financing agreements for the reverse takeover of Hyperion Resources Ltd.

In January, Boston International said its reverse takeover of Seychelles-based company Hyperion Resources is progressing. Hyperion wholly-owns Camel Gold SRL which owns a 100% interest in a gold and other precious metals exploration licence known as the Yansse Gold project, located near Ougadougou in Burkina Faso.

"The company will update the market in due course as appropriate," Boston International said.

By Sophie Rose, Alliance News senior reporter

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