Posting of Circular

RNS Number : 6064G

Reabold Resources PLC

02 March 2018

 

2 March 2018 

Reabold Resources plc
("Reabold" or the "Company")

Posting of Circular

Further to the announcement of 28 February 2018, Reabold, the AIM listed strategic investor in pre-cash flow upstream oil and gas projects, is pleased to announce that today it posted a notice of general meeting ("the Notice") to shareholders, and the Notice is available on the Company website www.reabold.com.

The general meeting (the "Meeting") will take place at the offices of Hill Dickinson LLP at 105 Jermyn Street, London SW1Y 6EE at 11.00 a.m. on 19 March 2018.

ENDS

Enquiries:

Reabold Resources plc	020 7440 640
Sachin Oza, Co-Chief Executive
Stephen Williams, Co-Chief Executive
Arden Partners (Joint Broker and bookrunner)	020 7614 5900
Paul Shackleton / Daniel Gee-Summons - Corporate Finance
Fraser Marshall - Corporate Broking (bookrunning enquiries)
Whitman Howard (Joint Broker)	020 7659 1234
Nick Lovering
Grant Barker
Beaumont Cornish (Nominated Advisers)	020 7628 3396
Roland Cornish
Felicity Geidt

Notes to Editors

Reabold Resources is an investor in upstream oil & gas projects with an aim to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.

Reabold has a highly-experienced management team, who possess the necessary background, knowledge and contacts to carry out the Company's strategy. Management believes the current distress in the oil & gas industry presents an opportune time to deploy capital in undervalued assets with huge potential.

 

END

 

 

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