Loan Extension

RNS Number : 4493L

Curzon Energy PLC

10 September 2021

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

10 September 2021

Curzon Energy Plc
("Curzon" or the "Company")

Loan Extension

Curzon Energy Plc (LON:CZN), the London Stock Exchange listed company, announces that it has extended its outstanding loan with Sun Seven Stars Investment Group, originally announced on 18 March 2020 and as extended on 25 March 2021, to 30 September 2021.  The loan consists of a principal amount of £260,000 and carries a 10% interest rate.

Separately, the Company continues to conduct mutual due diligence with Poseidon Enhanced Technologies ("PET") in contemplation of a reverse takeover of Curzon by PET.  The Company will provide further updates in due course.     

For further information please contact:
Curzon Energy Plc	[phone]
Scott Kaintz
www.curzonenergy.com
SP Angel Corporate Finance LLP	[phone]

Broker

 

END

 

 

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