Loan Extension
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
25 March 2021
Curzon Energy Plc
("Curzon" or the "Company")
Loan Extension
Curzon Energy Plc (LON:CZN), the London Stock Exchange listed oil and gas company, announces that it has extended its outstanding loan with Sun Seven Stars Investment Group, originally announced on 18 March 2020, to 30 August 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.
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For further information please contact: |
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Curzon Energy Plc |
+44 (0) 20 7747 9980 |
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Scott Kaintz |
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SP Angel Corporate Finance LLP |
+44 (0) 20 3470 0470 |
Broker
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