Nu-Oil and Gas to acquire pirate deterrent group Guardian Maritime | 8 March 2021
8 March 2021 | 09:43am StockMarketWire.com - Cash shell Nu-Oil and Gas said it had agreed to acquire pirate-deterrent product maker Guardian Maritime and Guardian Barriers for a combined £4 million. Guardian products could be retro-fitted onto the guard rails of maritime vessels and served as a visual deterrent for pirates. They also had proven to be 'impregnable for pirates to board vessels fitted with this technology by using the tools and tactics they employ', Nu-Oil and Gas said. The company also announced that it had agreed, in principle, with largest creditor C4 Energy to restructure a...
Source: stockmarketwire.com