REG - Petrel Resources PLC - Nominated Adviser Status

Petrel ResourcesAnnouncement

09/01/2019 18:00

RNS Number : 6755M
Petrel Resources PLC
09 January 2019
 


9 January 2019
 
Petrel Resources plc
("Petrel" or the "Company")
 
Nominated Adviser Status
Petrel (AIM: PET) announces that the Directors are aware of the proposed merger of its current nominated adviser ("Nomad"), Northland Capital Partners ("Northland") with SP Angel Corporate Finance LLP. The Directors have also been informed that Northland has voluntarily agreed to relinquish its NOMAD status and will be removed from the register of Nomads with effect from 7am (GMT) on 1 February 2019.
In accordance with AIM Rule 1, the Company is required to appoint a new Nomad by 1 February 2019, if not, the Exchange will suspend trading in the Company's AIM Securities. If the Company does not appoint a replacement Nomad by 4 March 2019, the admission of its AIM Securities will be cancelled. 
The Company has commenced the process to appoint a new Nomad and will make a further announcement in due course.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
ENDS
 
For further information please visit http://www.petrelresources.com/  or contact:
Enquiries:



Petrel Resources


 




John Teeling, Chairman


+353 (0) 1 833 2833




David Horgan, Director


 




 


 




Nominated Adviser and Broker


 




Northland Capital Partners Limited


 




David Hignell / Edward Hutton (Corporate Finance)


+44 (0) 20 3861 6625




Rob Rees
 


 




 








Public Relations


 




Blytheweigh


+44 (0) 207 138 3206




Simon Woods


+44 (0) 746 643 9633




Camilla Horsfall


+44 (0) 787 184 1793




 








 
Teneo PSG


 




Luke Hogg


+353 (0) 1 661 4055




Alan Tyrrell


+353 (0) 1 661 4055



 
 




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