Global Gaming Share Discussion Threads

[safman] 08/9/2008 08:16

RNS Number : 8973C
Sirius Petroleum PLC
08 September 2008




8 September 2008



Global Gaming Technologies PLC

('GGT' or the 'Company')


Change of Name to Sirius Petroleum plc

New AIM ticker


Following the approval by shareholders at General Meeting on 19 August 2008, the Company has changed its name to Sirius Petroleum plc and its new AIM ticker is 'SRSP' effective immediately.

The Company's new website address is www.siriuspetroleum.com and the Company confirms that it is compliant with AIM Rule 26.

The Company also announces that further to the announcement made on 20 August 2008, the First Placing has now closed.


About Sirius Petroleum plc (AIM: SRSP)

Sirius is currently considering a number of opportunities in the oil and gas sector with particular focus in Nigeria. Whilst discussions have been encouraging, the Company is at a very early stage in its consideration of potential targets. Sirius has an agreement in place with Taglient Oil Nigeria Limited, a Nigerian private company owned and managed by Nigerian nationals who have considerable knowledge and contacts within the Nigerian Oil industry. Under this agreement, Taglient has agreed, among other things, to use all its reasonable efforts to seek out opportunities for Sirius to acquire interests in oil and gas fields in Nigeria. A Nigerian joint-venture company has also been formed and named Sirius Taglient Petro Limited. This local presence is important for the grant of permits and licences to carry out business in Nigeria.

-ends-

Enquiries:

Hansard Group, John Bick tel: [phone]

Canaccord Adams Limited, Andrew Chubb tel: [phone]




This information is provided by RNS
The company news service from the London Stock Exchange

END

saffy..

[vistaboy] 04/9/2008 15:37

I am, just expected some progress after the egm.

[safman] 04/9/2008 15:23

when any investor thinks in that light, then, perhaps you know its time to sell...

saffy..

[spurberry] 04/9/2008 15:14

you have to be a very long term holder here

[safman] 04/9/2008 15:12

vista, i thought you were a long term holder..eh..

saffy..

[spurberry] 04/9/2008 15:00

I know drew

[the drewster] 04/9/2008 14:56

I'm not arguing!
Here by default.

[spurberry] 04/9/2008 14:54

There are so many good plays at moment that months in here is not worth it

[the drewster] 04/9/2008 14:52

These things take months, not hours.

[spurberry] 04/9/2008 14:49

No,

all the hype pre egm and nothing

[vistaboy] 04/9/2008 14:48

Yawn, getting boring waiting. Has anyone tries to call them?

VB

[spurberry] 04/9/2008 14:32

still no news,

[belson] 21/8/2008 17:23

thanks vistaboy lets hope we all picked a winner

[andrbea] 20/8/2008 07:30

ggt for the time being then

An announcement will be
made to confirm the change of name and provide
the Company's new AIM ticker in due course.

[vistaboy] 19/8/2008 20:09

This is just the beginning belson. 5 pence is my short term target but I'm holding for 12.5 p +. With new management appointments, change of name and a resectoring into Oil in Nigeria, we're looking at a potential 10 bagger.

[belson] 19/8/2008 19:34

I am a new invester ,do you think ggt has got much more to go or has it reached its top price

[safman] 19/8/2008 16:18

afternoon..

have looked at the revamped website, still awaiting EGM result with perhaps a comment ..

saffy..

ps. added Canisp (not today, mind u)and looking at Corvus for my penny port...

[vistaboy] 19/8/2008 12:33

2magpies, that's excellent. I think that is indeed very significant and in line with the timescales we'd expect to see an opportunity appear. Well done for spotting this.

[2magpies] 19/8/2008 12:01

This is what the website says (updated today)

"As previously announced, Sirius is currently considering a number of opportunities in the oil and gas sector with particular focus in Nigeria. Whilst discussions have been encouraging, the Company is at a very early stage in its consideration of potential targets."

And this is what they said on the 23rd July:

"Whilst discussions have been encouraging, the Company is at a very early stage in its consideration of potential targets. No deal has yet been identified and
there can be no certainty that a transaction will be concluded."

Note that the last bit has now been dropped. Read into it, if you like, that there IS now a deal identified.

[andrbea] 19/8/2008 11:35

they'll have to tell us on what date the new ticker becomes active, ie when ggt disappears

[2magpies] 19/8/2008 11:31

From the Company website:

"Sirius Petroleum

Sirius Petroleum Plc is a UK registered company whose shares are listed on the London Stock Exchange's AIM.

Given the change in the Company's strategy to that of a resources company and the name of its proposed local operating company Global Gaming Technologies has changed its name to Sirius Petroleum plc."

So the name change has already happened?

(btw they are not yet listed as 'Sirius', as we know -- just a little inaccuracy!)

[the drewster] 19/8/2008 11:22

I think there's a fair bit of excitement already priced in.
If everything is passed as expected, and in fairness, why wouldn't it be, then I'm quite sure there will be all sorts of fun and games as the rose tinted brigade battle it out with the cynics such as me.

[2magpies] 19/8/2008 09:56

Five minutes to EGM.

Will there be v exciting developments today?

Well, should be a name change at least, possibily effective tomorrow. And then we will start appearing in the correct sector.

[vistaboy] 19/8/2008 09:34

7 trades today so far and no movement on the share price You can almost feel the elastic tension building in L2 - it looks like it's shaping up for a move up again.

[saloch] 19/8/2008 08:54

daily exp ...shell company ggt rose 1/2p to 2.18p on hopes it was nearing a deal to acquire oil and gas assets in nigeria. global laid the foundations for acquisitions last month with sirius oil and taglient oil nigeria.