Statement re. share price movement

RNS Number : 2151V
Arkle Resources PLC
13 April 2021
 

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


John Teeling, Chairman

+353 (0) 1 833 2833

Jim Finn, Finance Director

+353 (0) 1 833 2833



SP Angel Corporate Finance LLP
Nominated Adviser & Joint Broker


Matthew Johnson/Adam Cowl

 +44 (0) 203 470 0470



First Equity Limited


Joint Broker


Jason Robertson

 +44 (0) 207 374 2212



Blytheweigh

 +44 (0) 207 138 3204

Megan Ray


Rachael Brooks




Teneo

 

Luke Hogg

 +353 (0) 1 661 4055

Ross Murphy

 +353 (0) 1 661 4055

 

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