13 April 2021
Arkle Resources PLC
("Arkle" or the "Company")
Statement re. share price movement
The Company notes the significant rise in its share price yesterday and references made on an investor forum to an article dated 22 March 2021 from bne IntelliNews regarding a potential reverse takeover of Arkle by a Mongolian mining organisation. The Company confirms that the 162 group of companies (including Arkle) were approached about assisting with the financing of this mining project by an intermediary but have since declined to progress matters and there are no discussions regarding a reverse takeover taking place.
Enquiries:
Arkle Resources PLC |
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John Teeling, Chairman |
+353 (0) 1 833 2833 |
Jim Finn, Finance Director |
+353 (0) 1 833 2833 |
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SP Angel Corporate Finance LLP
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Matthew Johnson/Adam Cowl |
+44 (0) 203 470 0470 |
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First Equity Limited |
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Joint Broker |
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Jason Robertson |
+44 (0) 207 374 2212 |
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Blytheweigh |
+44 (0) 207 138 3204 |
Megan Ray |
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Rachael Brooks |
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Teneo |
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Luke Hogg |
+353 (0) 1 661 4055 |
Ross Murphy |
+353 (0) 1 661 4055 |