Investegate |Reabold Resources Announcements | Reabold Resources: Unaudited Interim Results 6months ended 30 June 21 investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Reabold Resources, the investor in upstream oil and gas projects, has announced its audited results for the year ended 31 December 2020 and provided an update on its operations in the UK, US and Romania.
UK: Reabold Resources announces partial sale of convertible loan notes in Corallian Energy
03 Mar 2021
Reabold Resources, the investor in upstream oil and gas projects, has announced that, further to the Company s announcements of 22 February 2021 and 24 February 2021, it has initiated the sale of a portion of the convertible loan notes (the CLN ) in
Corallian Energy with a principal value of
£500,000, to a group of strategic investors, in exchange for cash proceeds of £500,000. Reabold will retain £500,000 principal value of the CLN.
The strategic investors have indicated their support of an initial public offering ( IPO ), reverse takeover ( RTO ) or similar for Corallian, which is in line with Reabold s strategy of clearly identifying monetisation opportunities across its portfolio. The strategic investors have also signalled their intention to support Reabold in facilitating further potential strategic value creation opportunities across the wider Reabold portfolio.
TRADING UPDATES: Cambria drives on amid virus; Argo crypto mining up
Wed, 3rd Mar 2021 20:16
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Cambria Automobiles PLC - franchised motor retailer - Says continued to be hurt by UK Covid-19 restrictions in five months to January 31. Welcomes reopening of car showrooms penned for April but warns will miss out on busiest month of trading in March. Says overall trading performance during five-month period improves amid Covid-19-related cost reductions. Whilst the group s trading performance in the first five months of the financial year is pleasing, given the potential impact that the lockdown restrictions could have had in the period, the results have benefitted from the government support stimulus, Cambria adds.
UK: Reabold Resources announces increased investment in Corallian Energy energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.