Bond breaks opening day subscription record

RNS Number : 4093J

Atlantis Resources Limited

28 June 2017

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE RESTRICTED BY ANY APPLICABLE LAW.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT FORM PART OF AN OFFER TO SELL OR ISSUE OR A SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE, ANY SECURITIES IN ANY JURISDICTION  IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

28 June 2017

Atlantis Resources Limited

("Atlantis" or the "Company")

Atlantis bond breaks Abundance opening day subscription record as demand soars

Atlantis, a global leader in the tidal power sector, is delighted to announce that it had broken through the £1 million subscription level within 24 hours of the formal launch of a five year bond through the Abundance Investment platform.

This represents a new subscription record for offerings launched via Abundance, the provider of a regulated green peer-to-peer investment platform.

As previously announced, the bond offer seeks to raise a minimum of £2 million and a maximum of £5 million, and is expected to close on or before 16 August 2017, which date may be extended by 2 months at the discretion of the directors.

Tim Cornelius, CEO, Atlantis Resources Ltd, said:

"Setting a new record for opening day subscriptions via the Abundance platform reflects the outstanding demand for the Atlantis Ocean Bond offer and I am absolutely thrilled with the response from investors. They clearly recognise the excellent growth prospects of our business during what is an extremely exciting juncture in the history of tidal power."

Enquiries:

Atlantis Resources	via FTI Consulting
Tim Cornelius, Chief Executive Officer Simon Counsell, Chief Financial Officer
FTI Consulting	[phone]
Ben Brewerton Alex Beagley James Styles Abundance Investment Bruce Davis	[phone]

 

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