REG - Ascent Resources PLC - Loan Facility Update

Ascent ResourcesAnnouncement

26/10/2020 08:00

RNS Number : 1785D
  
Ascent Resources PLC
  
26 October 2020
  
 

26 October 2020
Ascent Resources plc
("Ascent" or the "Company")
Loan Facility Update
 
Ascent Resources Plc (LON: AST), the onshore Caribbean, Hispanic American and European natural resources company is pleased to announce that it has not drawn down the tranche 3 loan amount of £200,000 which, as announced on 6 August, was due to be drawn on the 4 October. Following the exercise of £50,000 of warrants on 23 October, the Lender has agreed with the Company that the the loan amount of £150,000 remains available for the Company to draw down at its discretion during any time up to the 30 November, subject to 5 business days prior draw down notice.
 
Enquiries:



Ascent Resources plc
Andrew Dennan
 


Via Vigo Communications
 




WH Ireland, Nominated Adviser & Broker
James Joyce / Chris Savidge


0207 220 1666




Novum Securities, Joint Broker
John Belliss
 


0207 399 9400



 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
MSCMFBRTMTITMTM