Active Energy Share Price (AEG)

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Share Name Share Symbol Market Type Share ISIN Share Description
Active Energy Group Plc LSE:AEG London Ordinary Share GB00B1YMN108 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.1125 38,401,838 14:50:26
Bid Price Offer Price High Price Low Price Open Price
0.11 0.115 0.115 0.105 0.115
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment -3.67 -0.12 5
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:00 O 1,825 0.115 GBX
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Active Energy (AEG) Latest News (3)

Active Energy News

Date Time Source Headline
01/7/202211:19ALNCIN BRIEF: Active Energy gains USD3.9 million from Lumberton site sale
01/7/202207:00UKREGActive Energy Group PLC Completion of agreement for the sale of Lumberton
30/6/202216:35UKREGActive Energy Group PLC Change of Adviser
28/6/202221:26ALNCIN BRIEF: Active Energy's CoalSwitch found to drastically reduce CO2
28/6/202208:18ALNC*Active Energy confirms CoalSwitch to be sustainably sourced; improves GHG..
28/6/202207:00UKREGActive Energy Group PLC Lifecycle Associates' analysis on CoalSwitch(R)
27/6/202207:00UKREGActive Energy Group PLC Notice of AGM presentation
22/6/202216:40UKREGActive Energy Group PLC Second Price Monitoring Extn
22/6/202216:35UKREGActive Energy Group PLC Price Monitoring Extension
22/6/202214:05UKREGActive Energy Group PLC Second Price Monitoring Extn
More Active Energy News
Active Energy Investors    Active Energy Takeover Rumours

Active Energy (AEG) Discussions and Chat

Active Energy Forums and Chat

Date Time Title Posts
01/7/202208:58AEG - 2,175
04/2/202110:12new video-
07/1/202110:22Active Energy Group - from sparks to a sparkler781
06/6/201920:33AGM - When????-
11/5/201709:17AEG - European Woodchip Supplier757

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DateSubject
01/7/2022
09:20		Active Energy Daily Update: Active Energy Group Plc is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker AEG. The last closing price for Active Energy was 0.11p.
Active Energy Group Plc has a 4 week average price of 0.10p and a 12 week average price of 0.10p.
The 1 year high share price is 0.70p while the 1 year low share price is currently 0.10p.
There are currently 4,587,051,743 shares in issue and the average daily traded volume is 38,602,053 shares. The market capitalisation of Active Energy Group Plc is £5,160,433.21.
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01/7/2022
08:58		dave4545: Can buy size at 0.11p bid price all time lows Where are the mm's getting it from Should be at least having some sort of rise after that news.
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29/6/2022
11:00		dave4545: When the orders come in I'll get my spike. Bought another £5k's worth at 0.1132p, not a bad price considering the online bid was actually higher at the time 0.1142p
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27/4/2022
21:57		zeetruth007: AEG hold 20m shares in an EX AEG Directors underperforming company - hxxps://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/Yd75enFQ1vD4-My7CKxCawFC6xGafT-H8Qb-QglMrKE/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3PA7VRUEC%2F20220427%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20220427T205153Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEAgaCWV1LXdlc3QtMiJHMEUCIQD4MyVvQQjqpPKU8q1ivzdzpuTrpss8WJYURvdSf4ropQIgW4%2BvPOk9jEs9mUvOFaQPFTa7H7EDrp9Fj6FR1gZkIeEq3AQIwf%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARAEGgw0NDkyMjkwMzI4MjIiDPx2YyNcVJrZAiRGciqwBITlLFdMiquSU7nwApNvsRu%2BafaDjxpHm94iTlKKT3muSL2y761npNMg69Yq0cMm8D8g2jDh7FDcdAybeUNCkwkftkEXfh1qzTgo%2FittC%2Fw3X0qk9YZk0rUcF9OrQ7ApHyGD3KWdCQGMFxd3Sb8Scu%2F4q7TqmarZlPSl8F3Dco5MWCwq58Y1FuI0bxypUXfhyNVjWJOWx5a%2BPDCL50WUBKJXrAJJb1IUcL%2FxV2NKqnebBs0%2BtAbdUylbYk%2FU1b3ic1cYCoBuliE9JVxpataHpo27fs%2Fdy6g4xM608yqflvlwEaU71BqHvm9SRmQCjXHepB%2BvOaGXBWZZeNL43D%2FfNl7iumXTgZxVBHuvwENNc6AlqIPDaSybfOcvzQDmXnS7wQr1D2pUDtEW5kSQG8K5C5wUJ%2BBKvyqirb7lP8C%2Fmd1D%2FvsIcjlagM0etWdEBuNjy70iYI4KvqtOA6BtyRDiezqC686LHeKe%2BY0Q5A7XoDri%2FG3gnax1V7OuKh22WsuNwwyaDYPUlKp3z5eSIJv%2FrF4u25QUUyf5nW%2Bwz5946KGxelW3XKAeAOsG0N1ZVUaKrRFq%2Bb4L1m74JtSFbW98y%2FSkCaN1RQq%2Bl8vft1cFNiiISduaCPLbqibH%2Fe%2Fj03twRWyJJcwFohnJsiVhr3g8dXODne2iVeHPzVuVjE2kNU2zNsqCL%2F4P50HvP9TwdIdh7FX9t5ZZQaimzpIVQ02SvxUD%2F2ddsguccXXWiuBDTKcrMMHRpZMGOqkBr3gtQNnL%2FwUJs9eTXhe3AQXRtL2z7RaJy6XTlYRMntUWOkYfBTgywjAQNZ%2FYMnS5kTqmHmbK70DEX8t7fKDtuZbX%2FMW%2BrGxbGTtTBjN7oFpD2xRBl1G%2BWD1EtSeFG56NSqjnxn1%2FQYeqFsJ%2FwSIvjm%2FuXfhctaMrkAKmH%2BZYHVypHF7aPs9xgHs1xTVH1EV2AcGXQhzxEiYDTZ25MB7VRw4vzwhF1RZFAA%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=59714293c02d325bd71d153770f8ee09e73d4dd22cfaf67ad624c6d052ce71b3 Page 7!
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22/12/2021
13:10		davetheguvnor: Once again the not so noble Rowan the Magician is going to try to use Covid as an excuse to avoid meeting his shareholders who he continually lies to & refuses to answer any correspondences with. The hotel looks like a wonderful location for a lunch time party while doing a little after Christmas sales shopping & there's been nothing more discounted than AEG's pathetic share price performance. Hopefully I will get to meet both some familiar & new faces. www.londonstockexchange.com/news-article/AEG/update-on-general-meeting/15262109
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10/12/2021
09:12		zeetruth007: buywell3, there is far more evidence possessed by others former AEG which when questioned AEG ignore as did the former NOMAD share price ANGEL.
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09/12/2021
07:51		garth: 0.2 on the cards indeed with the fundraise announced this morning. It was well flagged in the last results that it was coming. It provides an unwanted opportunity for me to feel cross again. A couple of lines of the announcement in particular: " Active Energy has never been so relevant and the need to ensure that the first scaled manufacturing facility at Ashland, Maine is constructed and operational as soon as possible to accommodate these opportunities is an important next phase for the Company." That has been true for a few years now... "With the continuing support of existing shareholders, Active Energy will complete the engineering and design work, apply for the required permits and place orders for the long-lead items of equipment for the Ashland facility in Maine. These next steps allow AEG to demonstrate, to prospective customers worldwide, its commitment towards delivery of commercial volumes of CoalSwitch(TM) in the near future." Applying for the necessary permits seems like a good idea... (good grief) and it isn't going to be quick to get that equipment (long lead times - will need more cash by the time they are done I guess) Highlights -- Firm Placing, using the Company's existing share allotment and disapplied pre-emption right authorities, to raise GBP1.37 million (before expenses) through the issue of 685,000,000 New Ordinary Shares at the Issue Price. -- Conditional Placing to raise GBP1.40 million (before expenses) through the issue of 702,218,000 New Ordinary Shares at the Issue Price. Only another circa 1.5 billion bloat shares then? -- Subscription by Player Design in the amount of $1.0 million (approximately GBP0.75 million) through the issue of 375,940,001 Subscription Shares at the Issue Price. Interesting. But I guess they want their contract and already have some sink-cost -- Certain Directors of the Company have indicated that they intend to acquire, in aggregate, GBP61,000 of Placing Shares pursuant to the Conditional Placing. TBH I read this one at first as Directors applying for 61,000 shares - which equates to about £120. I guess that reflects the (fair) jaundiced view with which I have come to view this whole mess. My own views only. G.
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02/11/2021
15:43		ade355: Here's a briefing note I've seen online today - relevant to AEG ... BRIEFING NOTES ON LOW EMISSION SHIPPING, CLEAN POWER GENERATION AND TRANSPORT USING AUSTRALIAN MADE LOW ENERGY ATOMIC RECONSTRUCTION (LR) AND RKLAB AG TECHNOLOGY Purpose: The purpose of this note is to outline the commercial and environmental benefits to Australia and the rest of the world of a new waste energy recovery and low-emissions technology called Low Energy Atomic Reconstruction (LR). LR technology has the potential to dramatically reduce global Carbon and, other toxic emissions, from the use of the internal combustion and jet engine. It can make both the extractive fossil fuel, airline and shipping industries Carbon Net Zero contributors to the global economy. Background: Last week in the Australian Federal Parliament, The Right Honourable Prime Minister of Australia Scott Morrison and Minister for Resources and innovation The Right Honourable Angus Taylor, expressed their intention for the Government to support the introduction of new technologies to address the global problem of ship generated pollution. LR is such an innovative technology. By retrofitting conventional engines and generators to run on a combination of water in its gas phase, LR entities and fossil fuels these devices will produce negligible toxic emissions when compared to current outputs. Existing hydrocarbon fossil fuels (petrol, kerosene, diesel & gas) are solely used to achieve the initial operating temperatures and vacuum required to begin the creation, capture and harvesting of the stored atomic fusion energy contained within LR entities. LR is a waste energy recovery, toxic emissions removal system. It is an antidote to human-induced climate change. Previous controlled engineering tests, on gas, petrol, kerosene and diesel powered internal combustion engines and jet turbines, have shown that LR technology, when applied and tuned to specific applications, has the ability to eradicate over 80% of Carbon emissions and enables atomic reconstruction of the Carbon into Oxygen. Information: Australian born Inventor Fom Al Haut’s MSAT LR IP and Patents are intended to be held in trust by the MSAT LR Foundation with the express purpose that this knowledge and its forms of activation and deployment are for the edification, benefit and cleansing of the climate, biosphere, environment, the planet, and all living organisms on it including humanity. Commercial Applications: LR technology, in combination with the patented RKlab AG fuel injector, has the potential to solve the crisis across all pollution generating industries, particularly the shipping and power production sectors. Australian developed LR RKL devices have been introduced into Israel by Track-It as the country has a long record of bringing to market new innovations,to be further tested, enhanced, and immediately brought into mass production. The first LR Technology implementation into the USA Power generation industry will be spear headed through the London based Active Energy Group’s (AEG) new Maine, USA, based hydrocarbon energy pellet facility, producing CoalSwitch. AEG sees a unique opportunity to use bush fire waste wood in Australia, Canada and USA and convert that into Coalswitch pellets for both domestic and international use. In the Marine space, LR RKL devices are being developed to provide a solution to the emissions and energy optimisation of on-board marine power systems and generators. This initial combustion provides both more efficient burning of the fuel at low temperatures and creates the ideal conditions for the creation of LR entities which the LR technology is able to harness and deploy to further enhance energy efficiency by sequestering waste energy as fuel. The symbiotic nature of the LR and RKIab technology is further enhanced by the low emissions outcomes generated. The RKIab technology combusts the fuel at temperatures too low for the formation of NOx – a harmful by-product of current equipment. The LR technology harnesses marine engine exhaust streams generated by the initial combustion to provide additional power and reconstruct the residual Carbon atoms to increase oxygen output. Summary: The combination of the LR/RKlab technologies is an exciting breakthrough in reducing carbon emissions in power applications such as Marine, rail, cars and heavy-duty trucks. In environmental terms, this means cleaner air, cheap water and heating, cheaper food, cheaper housing, and higher Oxygen levels in inner cities around the globe. DRAFT 3456 - Glasgow COP26 - LR / RKLAB Briefing Notes - Tuesday 2nd November 2021 2 MSAT LR PARTNER COMPANIES Active Energy Group: AEG is a biomass based renewable energy business focussed on using its proprietary technology to transform low-cost or waste biomass material into renewable biomass fuels, thus creating next generation biomass products. CoalSwitch is an advanced biomass fuel which uses waste wood residues for feedstock and becomes an advanced energy pellet which can co-fire with coal or replace existing biomass fuels. Under proven testing in the United States, CoalSwitch co-firing with coal shows an immediate reduction in emissions from existing coal fired power plants. AEG CEO Michael Rowan who has been following the development and testing of the MSAT LR technology in Australia for many years stated: “There is a huge opportunity for Australia to reduce its Carbon foot print and emissions by using our Coalswitch technology. Not only has LR technologies the potential to achieve, based on current test results, record reductions in Carbon Dioxide, Carbon Monoxide, Hydrocarbon, Nitrous Oxide and other toxic gas emissions. It can also capture and recycle as fuel the normally lost waste heat energy, whilst increasing the Oxygen levels in the resulting exhaust gases. Waste heat from existing legacy processes, normally escapes into the atmosphere and adds to the heat pollution of both the immediate area and to harmful net global emissions to the earth’s atmosphere.” RKLabs: The RKlab injector is the next generation of fuel injection technology which acts in harmony with the LR technology. This combination pushes through the 60% thermal efficiency boundary of the internal combustion engine and delivers unprecedented levels of efficiency coupled with the elimination of harmful emissions that blight current equipment. Gavin Houghton, Managing Director of RKLAB AG says: "The combination of RKlab's fuel injector with LR technology will breathe new life into emissions reduction efforts around the globe. Asset owners from marine and power to rail and commercial vehicles will be able to adopt these new technologies at a relatively low capital cost. The impact of these investments will directly affect the air that we breathe and the concentrations of emissions in the environment" Alpha Prospects: Alpha Prospects Ltd is a UK based international investment holding company, now specialising exclusively in Environmental, Social and Governance projects. ALPHA has also acquired the Thailand rights to retrofit cars and trucks with LR technology that eliminates the C02 from exhaust emissions. These units will be manufactured in its factory in Thailand. Christopher Foster CEO says: “ALPHA has been supporting this ground breaking LR technology for over 10 years. ALPHA will be one of the founding members of the MSAT LR Foundation and has already been instrumental in introducing several of the international companies that are acquiring licenses via joint ventures for the multiple applications of this LR technology around the world.” trackIT Global: trackIT Global is an IT help desk software for IT teams, delivering a powerful suite of integrated modules for help desk, asset management, knowledge management, change management, purchase management and endpoint management. trackIT Global’s CEO Avi Azulai stated: “AustraliaR17;s announcement that it intends to actively support the funding and implementation of new technologies for the shipping industry is welcome. Australia’s willingness to help developed and assist in making immediately available new cutting-edge, state of the art, high tech solutions is a valuable contribution to the current world effort on emissions reduction. So the world knows, two independent complimentary technologies both pioneered, built and tested in Australia have now been combined. These are now being implemented thru the Swiss based d RKlab AG and the now Australian, USA, UK and Israel based LR technologies. DRAFT 3456 - Glasgow COP26 - LR / RKLAB Briefing Notes - Tuesday 2nd November 2021
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29/9/2021
06:59		garth: So I have gone through the full results again and I wish to give credit for the amount of detail that has now been shared in these most recent results. I was annoyed yesterday that MR's headline wasn't disappointment over the events of the year, frustration over continued permiting issues and a clear acknowledgement that management have not, as yet, delivered on strategy. But there are clear signs that an attempt has been made to be more real. Some of that attempt can be seen in the following two paragraphs. The first is the "for the first time in three years" statement which I take finally as an acknowledgement that we have have already had similar data published over three years ago. The second is a black and white acknowledgement over the fact that management were unable to deliver sufficient quantities of Coalswitch to Pacificorp to conduct the planned tests. "To date, AEG has supplied fuels to twelve prospective clients and universities for independent analysis within North America and internationally. The first test results, published by the Wood Science and Technology Centre at the University of New Brunswick on 2 September 2021, demonstrate, for the first time in three years, the premier qualities of CoalSwitch as a biomass pellet compared to white pellets. The CoalSwitch delivered to BYU and PacifiCorp in June 2021 allowed the first stage of the test program (the "Test Program") to commence. The Test Program is designed to facilitate the analysis and co-firing qualities of CoalSwitch in both PacifiCorp and BYU facilities. Having completed the ball mill testing, the next stage of the Test Program is testing of the co-firing process. Additional quantities of CoalSwitch will be required for this next stage and, at this point, we are unable to supply sufficient volumes to complete this test. In the meantime, AEG is working with BYU to focus on an additional co-firing program to provide performance data on CoalSwitch utilising some of the existing fuel supplies in Utah. AEG is also in discussions with other commercial partners for additional co-firing opportunities within North America." Clarity is also provided over Lumber operations and the story behind that. It is good to see that Lumberton is not being abandoned in a total u-turn. The whole point of the site was waste lumber and an existing steam feed from the pre-existing plant there. I agree that the water permit issue is a non-issue and have said that all along. They remain in a catch-22 with the Lumberton permit. White pellet burning was used as an initial reference on emissions data and this was challenged at teh public hearing. AEG assert that their process is cleaner but have not provided burn data. The recent data set discussed C02 and some particulates but NOT the specific hazards that concern was raised over 18 months ago. AEG can't get that data from Lumberton because they cannot burn under permit having changed the spec. They had a temporary permit at Ashland but that has expired. So they cannot bring Lumberton back on stream until they: - fix Ashland with existing spec and get (soon out of date) data - upgrade Ashland (Player Design working on new specs) and then submit for a permit under those specs. Its all taking too much time and they are at a liquidity pinch point AGAIN. Funds are needed - they have eaten their way through almost all of the $7m raise. I am interested in who is supporting the price at 0.4p and for what reason. I have not watched the presentation yet - but will do. Been too busy with work. Unless that presentation winds me up again then I see these results as acknowledging many of the points I have been making and are a vindication of my position. And my respect and thanks to Mr Rowan and Mr Diamond et al for clearing some decks. Bags of potential here. Lets see it finally realised now please - and preferably without doubling the share in issue again! G.
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02/9/2021
15:47		garth: responsible investor2 Sep '21 - 14:44 - 1924 of 1924 0 0 0 It is difficult to understand why this blog is so full of vituperative comments - rather than focusing on the product and whether the company is making progress in proving out CoalSwitch, in finding potential customers, in identifying sites upon which the company can build more plants, in ensuring that it has access to feedstock and finance for the construction and the installation of the equipment. There is also the realistic chance of entering into joint ventures with partners under which the company would be entitled to royalties. Todays RNS indicated that great progress is being made so perhaps the doomsayers should limit their unhelpful commentaries and perhaps we can all focus on the potential for the company which seems to have a great product, in the right place and at the most opportune time - and BTW when coal prices are soaring. RI, I think 'vituperative' is a tad strong. I really do not know how anyone who has held shares in AEG for any length of time can reasonably suggest that today's RNS indicates "that great progress is being made". That is quite simply a groundless assertion. As for commentary being "unhelpful" - well, that is entirely subjective. With regards whether the company "seems to have a great product"? YES! YES! YES! We all knew that a few years ago! No disagreement whatsoever. "In the right place and at the most opportune time". Absolutely. And that is what make the apparently inept execution by management all the harder to quietly watch. This is from the AGM statement OVER TWO YEARS AGO: ""AEG's commercial and strategic goals are now clear. The future of AEG is tied to success at Lumberton and the creation of complementary revenues streams from lumber and agricultural crops to the utilisation of other waste streams to create pelletised renewable fuels. The Board has achieved much over the past 12 months but more hard work is required to fully implement AEG's growth strategy. "The Board would like to thank all shareholders and stakeholders for their continuing support over the past 18 months. The last 3 months have demonstrated some of the true potential for AEG and with the support of all AEG's stakeholders, the Board now believes that commercial success is realistic. This means that AEG will continue with its previously publicly stated ambitions to transform low cost biomass into renewable fuels of the future. "The Board looks forward to updating the market on our developments as we execute our strategy, expand opportunities at Lumberton, including the completion and operation of the first 5tph CoalSwitch plant and expand into the growing biomass fuel market to deliver value." Two years on they are not tangibly any further on. They have U-turned on Lumberton. And they need more cash. All the potential you speak of was just as true a few years ago and with far fewer shares in issue... January 2018 (over 3 and a half years ago): "Update re Revolutionary CoalSwitch(TM) Plant; Initial Full-Scale Reactor Test Completed Active Energy, the London quoted international biomass based renewable energy and forestry management business, is pleased to announce that the first testing of the five-tonne-per-hour CoalSwitch(TM) plant in Utah, United States ('the Plant') was successfully completed late on Friday 29 December 2017. The initial results met all management expectations and further testing will continue this week. The plant is now undergoing full commissioning which Active Energy expects to complete in the next several weeks, which will enable the Company to deliver commercial quantities of CoalSwitch(TM), its revolutionary fuel that that can be mixed in any ratio with coal fines or completely replace coal in existing coal-fired power stations, without retrofit, globally" MARCH 2016 (5 and a half years ago!) AEG CoalSwitch Deposition and Burn Test Results Confirm Lower Emissions, More Efficient Combustion and Fewer Deposits than Coal; Prove Technical and Commercial Viability AEG CoalSwitch, the renewable energy division of Active Energy Group Plc (AIM: AEG.L), the AIM-listed supplier of timberland management and development services, industrial wood fibre and Biomass coal replacement fuels, announces that late last week it received the results from the burn testing of its CoalSwitch fuel at the University of Utah (announced in the RNS dated 8 February 2016). The University has reported that CoalSwitch's technical and commercial viability for use a standalone fuel - or co-fired in high concentrations with coal in traditional coal-fired power plants - provides significant environmental and commercial advantages to industrial power generators. The burn testing, conducted at the University's Clean and Secure Energy Institute, evaluated the performance of AEG CoalSwitch fuel in its 100kW pulverised coal combustor, which closely replicates the full-scale facilities utilised in industrial coal-fired power plants around the world. The testing process compared CoalSwitch burn test performance to that of Illinois Number 6 coal (a typical feedstock used for industrial power generation in the United States), and a CoalSwitch/Illinois coal mix under the same test conditions. Key findings include: -- CoalSwitch fuel burned at near-identical temperatures to coal -- CoalSwitch fuel burned more efficiently than coal, and produced far less ash -- CoalSwitch fuel burned cleaner than coal, and when co-fired with coal generated less Sulphur Dioxide (SO(2) ) than the coal alone -- Along with reducing the amount of ultrafine particles in the blended fuel, the mineral matter (ash) particle size distribution of CoalSwitch fuel was nearly the same as that for coal -- CoalSwitch fuel was essentially free of both Potassium (K) and Sodium (Na), so combustion did not cause the fouling issues (deposits) that are commonly a barrier to the use of Biomass fuels in coal-fired power plants -- The CoalSwitch/coal blend had a lower Loss on Ignition than the pure coal, leaving far less unburned carbon in the ash, demonstrating far better combustion of coal when CoalSwitch is present Richard Spinks, CEO of Active Energy Group Plc, commented: "The results of the CoalSwitch testing prove that the Group's faith in the technology and our investment in it over the past twelve months were fully justified; and demonstrate that, for the first time to our knowledge, the glass wall between coal and Biomass usage within existing power generation plants has been shattered." "They confirm that CoalSwitch fuel represents a game-changer for the power generation industry, and delivers significant financial and environmental benefits over current Biomass fuel solutions. " Please, please explain the substance behind your assertion that today's RNS delivers good progress from what was announced over 5 years ago when the pellets were last tested. Best wishes, G.
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08/4/2021
10:21		pascha2020: Looks like AEG are in hot water. AEG will surely have to make this known to the market. I have written to AEG’s board and Advisors on Monday 5th April 2021 outlining in more detail than is appropriate here my position declaring the AEG license null and void; demanding license fee repayment being USD$1.8m plus interest and damages. I have given them 14 days from date of delivery to respond. RMDE and I are not to be confused with AEG in any way and have always been and continue to be separate entities and any further suggestion by the directors of AEG will be dealt with in an appropriate manner. I am conducting a full audit of AEG regulatory and other PR or other statements made since November 2018 and will make available the results of the same in due course in order that I and other shareholders may make decisions on the appropriate course of action with full transparency as to the true position of AEG Plc, its assets and its operational activities for the period that Michael Rowan has been CEO of the company. To me it is absolutely clear that it is not possible to trust all information emanating from the company. For this reason, I have initiated a full legal review to assess the damage done to my personal and business positions as a result of Mr. Rowan’s behaviour and statements since July 2018 when he became CEO of AEG. His constant attempts, including live last night on the LSE webcast, to pretend that he arrived on the board only in 2018, he was a member of the board of AEG for significantly longer than that, are one example of his approach. , At the appropriate time my findings will also be made public, in order that through openness and transparency, others do not suffer as I have done and are not taken in by a distorted narrative. Sadly, it is clear that it is not possible to trust the information released by the company and its brokers (who rely on the company for their data) or advisors without independent confirmation being carried out to ensure accuracy of the same. hxxps://rmde.ca/wp-content/uploads/2021/04/Ron-Derrickson-Open-Letter-AEG-7th-Apr-21.pdf
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