Brief: Doriemus Says Will Not Proceed With Capital Raising Element Of Proposed Acquisition Of Coera From Oilex

Azzuro Resources

24/03/2020 01:36

March 24 (Reuters) - Doriemus PLC  DOR.AX :
    * IS OF VIEW THAT IT WILL NOT PROCEED WITH CAPITAL RAISING
ELEMENT
OF PROPOSED ACQUISITION OF COERA FROM OILEX
    * UK OIL & GAS PLC HAS FILED PLANNING APPLICATION WITH ISLE
OF
WIGHT COUNCIL FOR APPRAISAL DRILLING AND FLOW TESTING OF ARRETON
OIL DISCOVERY
    * FOLLOWING A ONE-WEEK STATUTORY NOTICE PERIOD, APPLICATION
IS
EXPECTED TO GO "LIVE" ON 27 MARCH 2020

Source text for Eikon:  ID:nASX23vNvv 
Further company coverage:  DOR.AX 

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