Result of Aminex PLC's EGM

RNS Number : 2721M

Solo Oil Plc

04 January 2019

 

4 January 2019

Solo Oil plc

("Solo Oil" or "The Company") 

Result of Aminex PLC's EGM

Solo Oil (AIM: SOLO), a natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, notes the announcement issued by Aminex PLC ("Aminex"), the Company's partner in the Ruvuma PSA, regarding the passing of the resolution that Aminex put to its shareholders at its EGM today to approve the previously announced farmout of a 50% interest in the Ruvuma PSA to The Zubair Corporation LLC.

Solo holds a 25% interest in the Ruvuma PSA, the Board of Solo is supportive of the farmout transaction and is pleased to have a further high quality partner join the project.

For further information:

Solo Oil plc Dan Maling	[phone]
Strand Hanson (Nominated Adviser) James Spinney, Ritchie Balmer, Frederick Twist	[phone]
Shore Capital (Broker) Jerry Keen Buchanan (PR) Ben Romney / Chris Judd / Henry Wilson	[phone] [phone]

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 ("MAR").

 

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