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Ascent Resources PLC Ord 0.5P (AST)

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07-Apr-2016 12:41 PM

Ascent Resources raises GBP500k via placing

Ascent Resources (AST) has raised GBP500,000 gross (GBP477,500 net to the Company) via the placing of 35,714,285 new ordinary shares of 0.2p each in the Company at a price of 1.4p per Share with investors using the Primarybid.com platform. The Company sa
24-Feb-2016 08:09 AM

Ascent making substantial progress

Ascent Resources reports further progress towards its goal of producing gas from the Peti?ovci field in 2016. The company says its long-term goal is to construct a new processing facility to clean the gas from the Peti?ovci field to supply gas into Slove
16-Dec-2015 08:11 AM

Ascent pleased with Petišovci progress

Ascent Resources is pleased with progress being made towards producing gas from the Petišovci field by the third quarter of 2016. The company has been in discussions with new industry partners to explore alternative routes that would ultimately enable
24-Jun-2015 07:27 AM

Ascent gets provisional IPPC permit

Ascent Resources has received a provisional integrated pollution prevention and control permit from the Environmental Agency in Slovenia in relation to the installation of a gas gathering and separation station at the Petišovci field. There will be a f
18-May-2015 01:02 PM

Ascent schedules AGM

Ascent Resources will hold its annual general meeting at the offices of finnCap Limited, 60 New Broad Street, London EC2M 1JJ, on 11 June at 10 a.m. At 1:02pm: (LON:AST) Ascent Resources PLC share price was +0.01p at 0.2p Story provided by StockMark
12-May-2015 09:00 AM

Ascent pre-tax losses rise

Ascent Resources posts a pre-tax loss of £5.6m for the year to the end of December - up from £1.8m last time. The loss for the year after taxation was £5.6m (2013: £3.5m). The directors do not recommend the payment of a dividend (2013: nil). Chair
09-Mar-2015 07:40 AM

Ascent Resources joins PrimaryBid.com

Ascent Resources has joined PrimaryBid.com (www.primarybid.com), the online platform dedicated to equity crowdfunding for AIM-listed companies. PrimaryBid.com provides a new channel for the Company to raise equity from private investors. Primarybid.com
16-Sep-2014 09:19 AM

Ascent pre-tax losses rise

Ascent Resources posts a pre-tax loss of £1.9m for the six months to the end of June - up from £1.3m a year ago. Ascent said it made steady progress toward its goal of bringing the Petišovci project into production during the period. It said that
20-Aug-2014 09:36 AM

Ascent appoints finance director

Ascent, the AIM listed European oil and gas exploration and production company, has appointed Colin Hutchinson as finance director with immediate effect. He currently serves as group financial controller of Ascent and company secretary, positions he has
09-Jul-2014 09:59 AM

Ascent looking at alternative funding options

Ascent Resources is looking for alternative funding options after failing to receive the £11.7m payment due from GPS in respect of the initial subscription announced on 5 June. The company said its board has been informed by GPS that GPS's joint ve
16-May-2014 01:04 PM

Ascent AGM postponed

Ascent board has decided to postpone the annual general meeting which was scheduled for 30 May. The meeting will now be held on 5 June at 11 a.m. to approve the proposed £15m equity funding by way of a subscription which was agreed today at 0.8p per sh
10-Apr-2014 08:02 AM

Ascent losses narrow

Ascent Resources posts pre-tax losses of £1.8m for the year to the end of December - down from £2.9m last time. Administrative expenses fell to £1.9m from £2.4m and the overall loss for the year fell to £3.6m - down from £6.0m in 2012. Chairman CC
05-Feb-2014 09:50 AM

Ascent agrees £5m convertible loan

Ascent Resources has agreed a convertible loan of up to £5m with Henderson Global Investors and Henderson Alternative Investment Advisor. The first £2m of the Henderson loan notes will be drawn down in the next few days and will be used to fund existin
18-Dec-2013 02:06 PM

Ascent resolves warranty issues

Ascent Resources is to issue 275 million ordinary shares to waive any warranty claims arising from the sale of its Italian subsidiary to Global Power Sources. Ascent said that since it sold Ascent Italia to GPS in July the company had become aware of a
31-Oct-2013 08:44 AM

Ascent inks key contracts in Slovenia

Ascent Resources has signed a series of key agreements with its Slovenian partners, which lay the foundation for the commercial development of its Petišovci gas field. These include: - A revised Joint Venture agreement which will significantly simplify
02-Sep-2013 08:00 AM

Ascent losses narrow

Ascent Resources posts pre-tax losses of £1.3m for the six months to the end of June - down from £1.4m a year ago. Total administrative expenses rose to £1.1m from £816,000 but finance income increased to £305,000 from £5,000. Chairman Clive Carve
21-Aug-2013 08:40 AM

Ascent changes registered office

Ascent Resources - the AIM listed European oil and gas exploration and production company - has changed its registered office address. The new registered office address is: 5 Charterhouse Square, London EC1M 6EE At 8:40am: (LON:AST) Ascent Resources
13-Aug-2013 08:01 AM

Ascent Resources completes strategic review

Ascent Resources has completed the previously announced strategy of rationalising the group's portfolio following the disposal of its Dutch assets on 7 August. Since April, the company has sold its Hungarian, Italian and Dutch assets. The focus of
27-Jun-2013 09:36 AM

Ascent makes significant progress in Slovenia

Ascent Resources has made significant progress in its main objective of bringing its Slovenian asset into production, shareholders at the annual general meeting later today (27 June) will be told. Chairman Clive Carver will say that the proposed structur
23-May-2013 09:24 AM

Ascent pre-tax losses narrow despite 'disappointing year'

Ascent Resources' pre-tax losses narrowed despite 2012 being 'a very disappointing year' when it ran extremely short of funds. Revenues fell to £1.7m from £2.1m but the cost of sales dropped to £1.2m from £1.7m and operating losses fe
23-May-2013 09:24 AM

Ascent pre-tax losses narrow despite 'disappointing year'

Ascent Resources' pre-tax losses narrowed despite 2012 being 'a very disappointing year' when it ran extremely short of funds. Revenues fell to £1.7m from £2.1m but the cost of sales dropped to £1.2m from £1.7m and operating losses fe
23-May-2013 09:24 AM

Ascent pre-tax losses narrow despite 'disappointing year'

Ascent Resources' pre-tax losses narrowed despite 2012 being 'a very disappointing year' when it ran extremely short of funds. Revenues fell to £1.7m from £2.1m but the cost of sales dropped to £1.2m from £1.7m and operating losses fe
23-May-2013 09:24 AM

Ascent pre-tax losses narrow despite 'disappointing year'

Ascent Resources' pre-tax losses narrowed despite 2012 being 'a very disappointing year' when it ran extremely short of funds. Revenues fell to £1.7m from £2.1m but the cost of sales dropped to £1.2m from £1.7m and operating losses fe
12-Feb-2013 08:17 AM

Ascent agrees £10m equity financing facility

Ascent Resources has formally entered into a £10m equity financing facility with Darwin Strategic Limited, a majority owned subsidiary of Henderson Global Investors' Volantis Capital. Finance director Scott Richardson Brown said: "This new £1
14-Dec-2012 03:03 PM

Ascent terminates employment of COO

Ascent Resources' board has terminated the employment of chief operating officer Jeremy Eng, subject to his right of appeal, and he has resigned as a director. At 3:03pm: (LON:AST) Ascent Resources share price was -0.02p at 1.23p Story provided

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