We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Curzon Energy Plc | LSE:CZN | London | Ordinary Share | GB00BD97ND60 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.775 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Drilling Oil And Gas Wells | 0 | -701k | -0.0070 | -1.10 | 767.23k |
From May 2019 to May 2024
TIDMCZN
RNS Number : 5451E
Curzon Energy PLC
04 July 2019
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
4 July 2019
Curzon Energy Plc
("Curzon" or the "Company")
Loan Facility
Curzon Energy plc (LON:CZN) the London Stock Exchange listed oil and gas development company, pursuing a targeted strategy of upstream North American natural gas appraisal and development assets, announces that it has agreed to issue secured loan notes of up to GBP200,000 ("Loan Notes") to high net worth investors.
The Loan Notes yield 13% per annum, are due for repayment on 1 October 2019, carry a 5% redemption fee and are secured on the Company's interest in the Coos Bay coal bed methane project. Further, the Company will issue to these investors warrants over 1,000,000 shares in the capital of the Company, exercisable at a price of GBP0.02, for a period of 18 months.
The proceeds of the Loan Notes will be applied to working capital and to finalizing negotiations and documentation associated with Pared Energy, LLC ("Pared Energy") and the Texas Gas Project, as previously announced on 29 March 2019, 20 December 2018 and 21 November 2018.
Scott Kaintz, Chief Executive Officer, comments:
"This facility assists the Company in bringing to fruition several months of work in laying the foundations for participation in the Texas Gas Project with Pared Energy. We look forward to making further announcements on these matters in due course."
For further information please contact:
Curzon Energy Plc +44 (0) 20 7747 9980 Scott Kaintz www.curzonenergy.com SP Angel Corporate Finance LLP +44 (0) 20 3470 0470 Richard Hail Richard Redmayne Optiva Securities Limited +44 (0) 20 3137 1902 Christian Dennis
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCRIMTTMBAMBJL
(END) Dow Jones Newswires
July 04, 2019 09:00 ET (13:00 GMT)
1 Year Curzon Energy Chart |
1 Month Curzon Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
