Reabold Resources PLC Result of AGM (1169K)

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RNS Number : 1169K

Reabold Resources PLC

11 December 2018

11 December 2018

Reabold Resources Plc

("Reabold" or "the Company")

Result of AGM

Reabold announces that at its Annual General Meeting held earlier today, all of the resolutions, as set out in the Notice of Meeting, were duly passed.

ENDS

For further information please contact:

 
 Reabold Resources plc                c/o Camarco 
  Stephen Williams                     [phone] 
  Sachin Oza 
  Strand Hanson Limited (Nominated 
   and Financial Advisor) 
   Rory Murphy / James Spinney / 
   James Dance                         [phone] 
 Camarco 
  James Crothers 
  Ollie Head 
  Billy Clegg                         [phone] 
 
 
 Whitman Howard Limited - Joint 
  Broker 
  Nick Lovering 
  Grant Barker                     [phone] 
 Turner Pope Investments (TPI) 
  Ltd - Joint Broker 
  Andy Thacker                     [phone] 
 

Notes to Editors

Reabold Resources plc is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.

As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.

Reabold has a highly-experienced management team, who possess the necessary background, knowledge and contacts to carry out the Company's strategy.

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December 11, 2018 06:15 ET (11:15 GMT)