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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cluff Natural Resources Plc | LSE:CLNR | London | Ordinary Share | GB00B6SYKF01 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.80 | 0.75 | 0.85 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCLNR
RNS Number : 7325U
Cluff Natural Resources plc
26 October 2017
26 October 2017
Cluff Natural Resources Plc / Index: AIM / Epic: CLNR / Sector: Natural Resources
Cluff Natural Resources Plc ('CNR' or 'the Company')
Result of General Meeting
Cluff Natural Resources Plc, the AIM quoted natural resources investing company, is pleased to announce that all resolutions proposed at the General Meeting of the Company held today were duly passed. This follows the announcement made on 6 October 2017 relating to the subscription to raise GBP1 million.
Application has been made for 25,000,000 ordinary shares ("Second Tranche Shares"), which will rank pari passu with the existing ordinary shares in the Company, to be admitted to trading on AIM ("Admission"). Admission in respect of the Second Tranche Shares is expected to occur at 8.00 a.m. on 27 October 2017. The Company does not hold any ordinary shares in treasury and following Admission the total number of voting rights in the Company will be 396,060,199 ordinary shares. This number (396,060,199) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Commenting CNR's Chairman and Chief Executive Algy Cluff said:
"We are pleased to have raised these additional funds which will allow the Company to fully participate in the current UK Offshore Licencing Round, to continue to pursue additional investment opportunities and to allow time to complete a farm out of the Company's 100% owned licences in the Southern North Sea. Our absolute priority remains the creation of value for shareholders by securing the investment required to drill one or more wells on our licences which we believe to be highly valuable and strategic assets."
**ENDS**
For further information please contact the following:
Cluff Natural Resources Tel: +44 (0) 20 7887 Plc 2630 Algy Cluff / Graham Swindells / Andrew Nunn Allenby Capital Limited (Nominated Tel: +44 (0) 20 3328 Adviser & Broker) 5656 David Hart / Alex Brearley / Asha Chotai (Corporate Finance) Chris Crawford / Katrina Perez (Corporate Broking) St Brides Partners Ltd Tel: +44 (0) 20 7236 1177 Lottie Wadham / Frank Buhagiar (Financial PR)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
October 26, 2017 07:30 ET (11:30 GMT)
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