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TQN Tarquin

13.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tarquin LSE:TQN London Ordinary Share GB00B0Y52T38 ORD 15P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 13.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 13.00 GBX

Tarquin Resources (TQN) Latest News

Real-Time news about Tarquin (London Stock Exchange): 0 recent articles

Tarquin Resources (TQN) Discussions and Chat

Tarquin Resources Forums and Chat

Date Time Title Posts
11/7/200708:17TARQUIN RESOURCES - A mining shell with cash!!189
02/11/200612:40?3

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Tarquin Resources (TQN) Most Recent Trades

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Tarquin Resources (TQN) Top Chat Posts

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Posted at 06/6/2007 15:50 by little minx
Still no postings.

Does nobody apart from me on ADVFN own this share????
Posted at 15/2/2006 16:09 by scuba_man
Well there we are again, ticking up again today, as I said its on the up and up. I suspect we will get a positive update on the mining activities some thime this qtr and the share will double. All imo.
Posted at 14/2/2006 16:28 by scuba_man
someone bought £18,000 worth, there have been a number of these sorts of trades in the last month.

Im afraid thats all I can say though and have no idea whats going on, other than the share is certainly on the up and up.
Posted at 13/2/2006 11:04 by tobyjug
People are selling 1 share,methinks the lunatics have escaped from the asylum!
Posted at 09/2/2006 13:25 by heidigynne
Tarquin Resources PLC
09 February 2006

Tarquin Resources plc

9 February 2006
RESULTS OF EXTRAORDINARY GENERAL MEETING

The Board of Tarquin Resources plc (AIM : TQN) announces that all resolutions
put to shareholders at today's extraordinary general meeting were approved.
In particular, this includes the resolution to approve the consolidation of the
Company's share capital on the basis on one new ordinary share for every 15
held.
Application has been made for the new ordinary shares to be admitted to trading
on AIM, which is expected to take place tomorrow 10 February 2006. It is
expected that CREST accounts will be credited on that date and replacement share
certificates will be posted shortly.

For further information:

Hugh Oram Nabarro Wells & Co Ltd Tel: 020 7710 7400

Yve White Tarquin Resources plc Tel: 020 7514 1480
Posted at 17/1/2006 23:41 by jwoody1971
details of the share consolidation were supposed to be made available in december with a shareholders meeting in jan. anyone think that they might not consolidate after all?
Posted at 11/1/2006 19:26 by knowing
Oh there is also a share split comming up.

1 old share to equate to 15 new.
Posted at 20/11/2005 10:21 by uranium king
Can't see TQN selling it's shares in MXP, but the press are usually right with rumours of that nature.

I've got a feeling that TQN might invest in UOX's next deal. UOX stated in their last update that they are close to doing a gas/oil deal in Kazakhstan, which is the type of investment TQN are looking for and of course theres the Director connection.

So maybe they will sell and get a bigger % of another project. Just a thought.

2+2=5???? maybe

BTW. I own shares in TQN, UOX and MXP.
Posted at 19/11/2005 12:36 by trevor1959
Anyone any comments about The Times' piece suggesting that TQN had actually sold its holding in MXP in the past couple of weeks? If TQN held 1.2% of MXP they wouldn't need to notify any increase or decrease of their holding.
Can't find any RNSs on the subject either.
Posted at 01/7/2005 07:09 by pomp circumstance
CHAIRMAN'S STATEMENT

for the year ended 31 December 2004

This financial year saw the Company transition from the failed commercialisation
of its QuikTrak spectrum tracking technology business into the natural resources
sector.

The Company's wholly owned subsidiary, QuikTrak Telecommunications (UK) Ltd was
placed into Administration on 23 August 2004. The Company incurred a loss for
this financial year of #2,648,472 (2003: #1,801,001) which included a loss on
the loan write off to QuikTrak Telecommunications (UK) Limited of #2,586,663
(2003: #1,400,000).

The Company announced its change of strategy to the market on 26 January 2005
and raised new equity of #800,000 in July 2004 to finance the move into the
natural resource sector. A further #622,000 of new equity was raised in February
2005. The Company's name was changed to Tarquin Resources plc on 28 February
2005, reflecting the change of direction.

The new strategy will encompass direct investment in exploration and operating
businesses, together with short-term investments within the natural resources
sector.

During the financial year, the Company has successfully identified short-term
resource investments, resulting in profits of #187,639 on a turnover of
#325,076.

Since the year end, pursuant to the new strategy, the Company has made its first
investment of #500,000 pre-IPO in a company to list in the UK, to explore Oil
and Gas assets in Kazakhstan.

I am confident that the Company's new direction under experienced management
offers considerable opportunity to create significant value for our
shareholders.


Chris Kyriakou
Chairman

29 June 2005



TARQUIN RESOURCES PLC Group Financial Statements 2





REPORT OF THE DIRECTORS

for the year ended 31 December 2004

The directors present their report together with the audited group financial
statements for the year ended 31 December 2004.

Principal activities and review of the business

The Company's principal subsidiary, QuikTrak Telecommunications (UK) Ltd was put
into Administration on 23 August 2004, until which date the Company's principal
activity was that of a holding company together with the provision of management
services to its subsidiaries.

The principal activity of QuikTrak Telecommunications (UK) Ltd was
commercialising spectrum tracking technology. The principal activity of QuikTrak
(UK) Ltd was to hold a public mobile operator licence and a Telecommunications
Act Licence issued by the Secretary of Trade and Industry (now expired).

In August 2004 the Company's principal activity changed to the development,
exploration and operation of businesses in the natural resources sectors through
strategic investments.

On 28 February 2005 the company changed its name from QuikTrak Networks Plc to
Tarquin Resources Plc.

Future Developments

In April 2005, the Company acquired a minority stake for an investment of
#500,000 in a UK company to explore Oil and Gas assets in Kazakhstan.

Results and dividends

The loss for the year on ordinary activities before tax amounted to #2,664,206
(2003 - 18 months: #6,966,301). The directors do not recommend the payment of a
dividend.

Share capital

Details of the share capital are given in note 17 to the financial statements.

Events since the balance sheet date

The Company raised #622,000 in February 2005 through placing new ordinary
shares.

As set out under 'Future Developments', the Company has acquired an interest in
the Oil and Gas sector.

Directors and their interests

The directors who served during the year and their interests in the company's
Ordinary Shares were as follows:

1p Ordinary Shares
Appointed Resigned 31 December 2004 31 December 2003

C Kyriakou* 18,274,513 8,382,723
C de Chezelles 265,683 100,000
B Parritt 682,825 66,158
J Scott 23 February 2005 998,334 15,000
J Landels* 5 January 2004 - 6,382,357
E Van Alphen 27 May 2004 5,322 -
R Shakesby 23 February 2005 - -



TARQUIN RESOURCES PLC Group Financial Statements 3




REPORT OF THE DIRECTORS (continued)

for the year ended 31 December 2004


Directors and their interests (continued)

In 2005 the directors acquired the following additional shares:

C Kyriakou * 18,900,000
C de Chezelles 6,666,666
B Parritt 133,333

* C Kyriakou and J Landels are both directors of Investika Limited (a
substantial shareholder). J Landels holds shares and executive share options in
Investika Limited. C Kyriakou's family trust holds shares and executive share
options in Investika Limited. The shares owned by Investika in the company's
share capital have been included in each Messrs Kyriakou and Landels' interests.

Options granted to directors and existing at 31 December 2003 were cancelled in
March 2004 and replaced by the following:

Number Exercise Expiry
Price Date

C Kyriakou 2,700,000 25p per share 7 March 2009
C de Chezelles 150,000 25p per share 7 March 2009
B Parritt 150,000 25p per share 7 March 2009
J Scott 150,000 25p per share 7 March 2009
E Van Alphen 200,000 25p per share 7 March 2009


Substantial shareholdings

On 31 December 2004 the following shareholders held 3% or more of the issued
share capital of the company.

No. of Ordinary Percentage issued
Shares Ordinary Shares

Investika Limited 18,106,013 15.5%
Damelian Automobile Limited 5,935,483 5.2%
Pershing Keen Nominees Limited 12,000,000 10.3%


Corporate Governance

As QuikTrak Networks Plc is not a fully listed company, it is not required to
comply with the Code of Best Practice published by the Committee on the
Financial Aspects of Corporate Governance ("the Combined Code"). However, the
directors do place a high degree of importance on ensuring that high standards
of corporate governance are maintained. As a result, most of the relevant
principles set out in the Combined Code have been adopted during the period and
these are summarised below.

Directors

The company supports the concept of an effective Board leading and controlling
the company. The Board is responsible for approving the company's policy and
strategy. It meets frequently and receives and reviews on a timely basis
financial and operating information appropriate to being able to discharge its
duties. Directors are free to seek any further information they consider
necessary. All directors submit themselves for re-election every three years by
rotation in accordance with the Articles of Association. Given the size of the
company it is not considered appropriate that there should be a separate
nomination committee. It is the view of the Board that the appointment of new
directors should be a matter for consideration by the Board as a whole. All
appointments to the Board are subject to confirmation by shareholders at the
following AGM.


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