We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Tools
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Citius Resources Plc | LSE:CRES | London | Ordinary Share | GB00BMGRFP88 | ORD 0.5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.0% | 3.00 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | -444k | -0.0103 | -2.91 | 1.3M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 3.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 01/12/2023 | 09:01 | UKREG | Citius Resources PLC Lodgement of Prospectus |
| 10/11/2023 | 14:12 | ALNC |  IN BRIEF: Citius Resources interim loss widens; eyes reverse takeover |
| 10/11/2023 | 10:00 | UKREG | Citius Resources PLC Half-year Report |
| 26/10/2023 | 08:07 | UKREG | Citius Resources PLC Project Update |
| 15/9/2023 | 09:30 | UKREG | Citius Resources PLC Result of AGM |
| 22/8/2023 | 14:53 | ALNC | Citius Resources annual loss widens amid reverse takeover |
| 22/8/2023 | 14:07 | UKREG | Citius Resources PLC Annual Results 30 April 2023 & Notice of AGM |
Citius Resources (CRES) Share Charts1 Year Citius Resources Chart |
|
1 Month Citius Resources Chart |
Intraday Citius Resources Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 04/12/2023 | 08:50 | Citius Resources | 21 |
| 25/3/2015 | 08:30 | Coalfield Resources (prev. UK Coal) | 491 |
| 19/6/2008 | 15:12 | Crescent Hydro with Charts & News | 18 |
| 14/11/2006 | 12:38 | Crescent Hydropolis Resorts | 5 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 08/12/2023 08:20 by Citius Resources Daily Update Citius Resources Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker CRES. The last closing price for Citius Resources was 3p.Citius Resources currently has 43,250,000 shares in issue. The market capitalisation of Citius Resources is £1,297,500. Citius Resources has a price to earnings ratio (PE ratio) of -2.91. This morning CRES shares opened at - |
Posted at 04/12/2023 08:50 by hedgehog 100 01/12/2023 09:01 UK Regulatory (RNS & others) Citius Resources PLC Lodgement of Prospectus LSE:CRES Citius Resources PlcThe Company is pleased to announce that it has lodged a Prospectus for the proposed transaction with Harena Resources Pty Ltd ("Harena"), the 75% owner of the Ampasindava Rare Earths Project in Madagascar ("Proposed Transaction"), to the FCA for the purposes of granting eligibility for the readmission of the enlarged company to the Official List by the FCA and the London Stock Exchange ("Readmission"). The Proposed Transaction is conditional on a number of conditions including; i) satisfactory due diligence ii) entering into definitive legal agreements iii) raising further funds for the Proposed Transaction; iv) approval by shareholders at a General Meeting to be convened; v) obtaining all necessary approvals (if required) and; vi) granting of eligibility for the readmission of the Company to the Official List by the FCA. There can be no certainty that the Proposed Transaction will take place and the Company will continue to update shareholders in due course once a firm timeline to Readmission. Cameron Pearce Commented: "We have now lodged the prospectus and subject to the eligibility process we are targeting to list the enlarged company in Q1 2024. We look forward to working with the Harena team to finalise the transaction and will keep the shareholders appraised on the definitive timetable." Cameron Pearce Tel: +44 (0)1624 681 250 info@citiusresources Tavira Financial Limited - Financial Adviser and Broker Jonathan Evans Telephone: +44 (0)20 3192 1733 |
Posted at 23/11/2023 12:56 by hedgehog 100 10/11/2023 10:00 UK Regulatory (RNS & others) Citius Resources PLC Half-year Report LSE:CRES Citius Resources Plc... Interim Management Report Dear shareholder, I am pleased to present the interim report and accounts for the six-month period to 31 October 2023 for Citius Resources Plc. The Company was pleased to announce during the period that we have entered into a binding Heads of Terms for the acquisition of 100% of the issued shares in Harena Resources Pty Ltd ("Harena") the 75% owner of the Ampasindava Rare Earths Project in Madagascar (the, "Acquisition"). Harena is an Australian domiciled company preparing to develop the 75% owned Ampasindava Rare Earths Project, which will include the mining and processing of Ionic Clay material to extract Rare Earth elements to produce Mixed Rare Earth Carbonate or Mixed Rare Earth Concentrate. Harena is what can be described as Reverse Take Over ("RTO") advanced stages therefore the Company is well positioned to complete the Acquisition in this next reporting period which would constitute a RTO under the Listing Rules and accordingly, the company would apply for re-admission of its shares to the Official List and Main Market of the London Stock Exchange. I would like to thank the board and our advisors for their dedication and professionalism in what can only be described as challenging market conditions and we look forward to applying for re-admission and moving the exciting Ampasindava Rare Earths project forward. Cameron Pearce Chief Executive Officer ... 6. Impairment of the loan On 9 June 2022 the Company announced that it has entered into a binding Heads of Terms with regard to the possible acquisition of 100% of the share capital of AUC Mining (U) Limited ("AUC"). As part of the Heads of Terms, the Company loaned AUC GBP249,341. On 26 October 2023, the Company agreed to terminate the agreement with AUC for the acquisition of the Kamalenge project, and therefore, the loan was impaired to Nil. ... |
Posted at 26/10/2023 16:06 by hedgehog 100 26/10/2023 09:07 UK Regulatory (RNS & others) Citius Resources PLC Project Update LSE:CRES Citius Resources PlcCitius Resources Plc (LSE: CRES), the London listed natural resources investment company is pleased to announce that it has entered into a binding Heads of Terms for the acquisition of 100% of the issued shares in Harena Resources Pty Ltd ("Harena") the 75% owner of the Ampasindava Rare Earths Project in Madagascar (the, "Acquisition"). Harena is an Australian domiciled company preparing to develop the 75% owned Ampasindava Rare Earths Project, which will include the mining and processing of Ionic Clay material to extract Rare Earth elements to produce Mixed Rare Earth Carbonate or Mixed Rare Earth Concentrate. Citius has agreed to terminate its previous agreement with AUC Mining (U) Limited for the acquisition of the Kamalenge Gold Project in the Mubende Gold District, Uganda with immediate effect. The Company will remain suspended pending the publication of a prospectus providing further details on Harena and the Company as enlarged by the Acquisition, or an announcement that the Acquisition or Reverse Take Over ("RTO") is not proceeding. Should the Acquisition complete, it would constitute an RTO under the Listing Rules and accordingly, the Company would apply for the re-admission of its shares to the Official List and the Main Market of the London Stock Exchange. Cameron Pearce, Citius Director commented: "The Citius board looks forward to keeping shareholders informed of further developments in what we believe is a compelling Acquisition in an exciting commodity space, as the global move towards decarbonisation gathers pace. Citius will be working closely with Harena, which is already in an advanced RTO ready stage, to complete the due diligence and prospectus for the relisting of the company as soon as practicable." ... |
Posted at 15/9/2023 15:55 by hedgehog 100 15/09/2023 10:30 UK Regulatory (RNS & others) Citius Resources PLC Result of AGM LSE:CRES Citius Resources PlcCitius Resources Plc ("Citius Resources") (LSE: CRES) is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed. Ends Enquiries: Citius Resources Plc Tavira Securities Limited Cameron Pearce (Director) Jonathan Evans www.Citiusresources. Tel: +44 (0)1624 681 250 jonathan.evans@tavir info@citiusresources Shard Capital Partners Damon Heath Tel: +44 (0)20 7186 9927 damon.heath@shardcap |
Posted at 04/12/2022 12:58 by hedgehog 100 29/11/2022 10:31 UKREG Citius Resources PLC Half-year ReportInterim Financial Statements for the six month period ended 31 October 2022 The Company is pleased to announce its Interim Results for the six-month period to 31 October 2022. ... Interim Management Report Dear shareholder, I am pleased to present the interim report and accounts for the six-month period to 31 October 2022 for Citius Resources Plc. The Company was formed for the purpose of acquiring a natural resources asset, in June 2022 the Company agreed terms with the vendors of AUC Mining (U) Limited the holder of the Kamalenge Gold Project (the "Acquisition") which is in the Mubende Gold District in Uganda. The Company is now well progressed in its due diligence and is nearing completion of the transaction. The Kamalenge Gold Project is a highly exciting project given the exploration work to date and indications that it may host a high-grade gold project with the potential for near term production. The Company is now well positioned to complete the Acquisition which would constitute a Reverse Take Over under the Listing Rules and accordingly, the company would apply for re-admission of its shares to the Official List and the Main Market of the London Stock Exchange. I would like to thank the board and advisory team for all their hard work over the past six months and we look forward to further updating shareholders and the market in due course. Cameron Pearce ... |
Posted at 17/11/2022 16:55 by hedgehog 100 The BRES share price has been performing well recently, with good newsflow, moving to over 7.5p today before closing at 6.72p.This shows that good mining stocks can still perform well in challenging market conditions, and bodes well from CRES's proposed RTO. |
Posted at 11/6/2022 16:05 by hedgehog 100 CRES shows the excellent gains that can be made from buying a reasonably-valued shell, with good deal prospects, and waiting patiently.A likelihood of an immediate 50%+ gain if the RTO proceeds, which it should, and a discounted holding in what could be a very exciting and multibagging growth company. And all it takes for investors is a little research, market timing, and a willingness to buy before the herd. Though they can be illiquid, with micro market capitalisations, after a RTO the liquidity and markets caps. may be expected to increase markedly. For those kicking themselves at missing out on the CRES shell opportunity, the stock market is merciful, as it always throws up fresh opportunities. Two other very attractive shells with CRES-like potential, both with great cash underpinning, are these:- Aura Renewable Acquisitions (ARA) 9.75p Market cap. £1.024M. More Acquisitions (TMOR) 1.025p Market cap. £1.28M. |
Posted at 09/6/2022 07:46 by hedgehog 100 09/06/2022 07:30 UK Regulatory (RNS & others) Official List Suspension - Citius Resources Plc LSE:CRES Citius Resources PlcNOTICE OF TEMPORARY SUSPENSION OF LISTING FROM THE OFFICIAL LIST 09/06/2022 07:30 TEMPORARY SUSPENSION Citius Resources Plc The Financial Conduct Authority ("the FCA") temporarily suspends the securities set out below from the Official List effective from 09/06/2022 07:30 at the request of the company: ... 09/06/2022 07:40 UK Regulatory (RNS & others) Citius Resources PLC Statement re. Suspension LSE:CRES Citius Resources Plc Proposed Transaction and Suspension of Listing Citius Resources plc (the "Company" or "Citius"), an investment company listed on the London Stock Exchange, is pleased to announce that it has entered into a binding Heads of Terms with regard to the possible acquisition of 100% of the share capital of AUC Mining (U) Limited ("AUC') to be satisfied by the issue of New Ordinary Shares of the Company ('the Proposed Transaction'). AUC holds the Kamalenge Gold Project in the Mubende Gold District, Uganda. The Project has the potential to be a large and high-grade gold project based on preliminary due diligence of the exploration work completed by the Company and its consultants. AUC have completed extensive work and expenditures on the Project over recent years yielding substantial drilling and exploration data for the Company to advance. Citius has agreed, subject to further due diligence, to acquire the entire share capital of AUC for total consideration of GBP2,000,000 (two million pounds), to be satisfied in full by the issue of 43,243,333,242 new shares of the Company at an implied price of GBP0.04625 per share ("Acquisition"). Citius will also undertake to raise further capital to support the future work programme and for general working capital. The details of the work programme will be finalised during the forthcoming due diligence phase. Should the Acquisition complete, it would constitute a Reverse Take Over (" RTO ") under the Listing Rules and accordingly, the Company would apply for the re-admission of its shares to the Official List and the Main Market of the London Stock Exchange. Therefore, at the request of the Company, the FCA has suspended the Company's listing on the standard segment of the Official List and trading on the Main Market of the London Stock Exchange has also been suspended as of 7.30am today, pending the publication of a prospectus providing further detail on AUC and the Company as enlarged by the Acquisition, or an announcement that the Acquisition or RTO is not proceeding. Should the RTO not proceed, then the Company would need to apply for the suspension to be lifted and for trading to be restored. The Proposed Transaction remains subject to due diligence, completion of the acquisition and re-listing of the enlarged group on the Official List. Cameron Pearce, Executive Director commented: "Citius was formed for the purposes of acquiring a natural resources asset and the Board is fortunate, having reviewed several projects, to now be in a position to reach an investment decision, subject to further due diligence. The Kamalenge Gold Project is a highly exciting project given the exploration work to date and indications that it may host a large and high-grade gold project. We will be working with AUC to complete the due diligence and prospectus for the relisting of the Company as soon as practicable. The board of Citius, which already has existing experience in operating in Uganda, looks forward to keeping shareholders informed of further developments in what we believe is a compelling transaction for shareholders of the Company". ... |
Posted at 29/5/2022 11:55 by hedgehog 100 CRES IPOed last summer, at 4p per share -25/08/2021 07:00 UK Regulatory (RNS & others) Citius Resources PLC Admission and First Day of Dealings LSE:CRES Citius Resources Plc "Citius Resources Plc, an investment company seeking to acquire a company or project in precious and/or base metals, is pleased to announce the admission of its entire issued share capital, being 43,250,000 ordinary shares of GBP0.005 each ("Ordinary Shares"), to the Official List (by way of a Standard Listing under Chapter 14 of the Listing Rules) and to trading on the London Stock Exchange's Main Market for listed securities (the "Admission"). The Company has raised a total of GBP1,120,000 since incorporation including GBP560,000 through a placing of 14,000,000 Ordinary Shares at 4p ("IPO Placing") by Brandon Hill Capital, broker to the Company. Cameron Pearce, Chief Executive Officer commented: "The Board of Citius and its advisory team comprise a knowledgeable and experienced group of professionals with the relevant skills and expertise to successfully source, structure and complete acquisitions in the mining sector to deliver upon our strategy to return substantial value to investors. As such we are pleased to be listing upon the Official list of the main market and will provide the market with updates in due course, as we begin to review investment opportunities." ..." CRES's CEO Cameron Pearce was also the head of shell company BRES (Blencowe Resources), which also IPOed at 4p/share. And he arranged the RTO into BRES of the Orom-Cross Graphite Project, priced at 6p/share, with a placing at the same price, compared to the pre-existing BRES share price of 4.5p - 28/04/2020 16:45 Alliance News Blencowe Resources Shares Skyrocket As Graphite Project Deal Sealed LSE:BRES Blencowe Resources Plc 28/04/2020 07:00 UK Regulatory (RNS & others) Blencowe Resources PLC Acquisition of the Orom-Cross Graphite Project LSE:BRES Blencowe Resources Plc BRES then closed on 28th. April 2020 at 8p/share, and within a month had reached nearly 9p. Potentially this BRES RTO could set a rough 'template' for CRES: as it's the same boss, the same IPO prices, the same target sector, and even the tickers (BRES & CRES) are very similar. |
Posted at 29/5/2022 09:39 by hedgehog 100 Poor stock market conditions tend to make it harder to IPO, increasing the attractions of the RTO route, and increasing the bargaining power of shells like CRES.And meanwhile, the valuations of RTO targets for shells tend to be depressed. So ironically, the s.p.s of shells like CRES can become depressed at the same time as they are in effect becoming more valuable: more capable of cutting a cracking RTO deal on great terms - i.e. a better shell valuation and lower target valuation, and great quality targets. Which makes a shell like CRES - at a reasonable valuation re. its cash and with great deal prospects - a great place to 'park funds' at the moment. Many investors may wish to reduce their exposure to shares in companies with trading businesses, but holding cash for months doesn't give any real direct upside - certainly in the short term. CRES though has both some underpinning, and great potential upside - it could easily multibag from this level on a good deal. And you don't have to worry about funds being tied up here for a while if you won't be using them anyway. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
|
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions Support: +44 (0) 203 8794 460 | support@advfn.com |
| ADVFN UK Investors Hub ADVFN Italy ADVFN Australia ADVFN Brazil |
| ADVFN Canada ADVFN Germany ADVFN Japan ADVFN Mexico |
| ADVFN France ADVFN US ADVFN Korea |
