Update on EsTeq Investment

RNS Number : 5830C

Regency Mines PLC

18 June 2019

 

Regency Mines PLC

("Regency" or the "Company")

Update on EsTeq Investment

18 June 2019

Regency Mines Plc (LON: RGM) the natural resource exploration and development company with interests in energy storage, battery metals, coal and natural gas announces that White Car Limited, a company in which its 100% owned subsidiary EsTeq Ltd. had invested, has informed EsTeq that it has entered voluntary liquidation.

The EsTeq investment in White Car Limited was held at nil value in the most recent Regency interim accounts announced on 29 March 2019.   

As previously announced on 15 April 2019, the Company continues a strategic review of its operations alongside the formation of a revised board of directors, and will make a comprehensive announcement of the results of these efforts in due course. 

For further information, please contact:

Scott Kaintz 0207 747 9960                                                            Director Regency Mines Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396           NOMAD Beaumont Cornish Limited

Jason Robertson 0207 374 2212                                                   Broker First Equity Limited

 

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