REG - Petrel Resources PLC - Result of Annual General Meeting

Petrel ResourcesAnnouncement

Wed 14:30

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RNS Number : 2409T  Petrel Resources PLC  30 July 2025

                                                                                   162 Clontarf Road

Dublin 3,

D03 F6T0

Ireland

Tel: +353 1 833 2833

Fax: +353 1 833 3505

info@petrelresources.com

www.petrelresources.com

 
 

 

 

30 July 2025

 

Petrel Resources plc

("Petrel" or "the Company")

 

Result of Annual General Meeting

 

 

At the Petrel Resources plc Annual General Meeting, held on 30(th) July
2025 in the Hotel Riu Plaza The Gresham, 23 O'Connell Street Upper, Dublin
1, D01 C3W7 at 12.00 pm, all the resolutions which were put to the meeting
were duly passed.

The board briefed shareholders on Petrel's existing and prospective projects,
including our exploration and development proposals to the Iraqi authorities,
and ongoing discussions with Ghanaian officials about possible additional
acreage.

Chairman David Horgan commented:

"The farm-out market for oil & gas projects remains subdued.  But there
has been strong demand growth for energy minerals.  As shown in trade
negotiations, economic powers are keen to secure sources and processing
capacity of Critical Resource Minerals."

Since the 1990s, most discoveries have been achieved by junior explorers.
This cycle seems to be repeating, as majors and NOCs retrench, leaving the
upside to daring independents.

Petrel is considering expansion opportunities into energy minerals, for which
there is market and government support - provided the projects come with
satisfactory title, finance and meet governance standards."

 

No new price-sensitive information was shared as part of this briefing as
compared to that disclosed in the Company's 2024 Annual Report, which is
available on its website.

 

 

 

Ends

 

 

 

 Petrel Resources
 David Horgan, Chairman                   +353 (0) 1 833 2833
 John Teeling, Director

 Strand Hanson Limited - Nominated &      +44 (0) 20 7409 3494

 Financial Adviser

 Richard Johnson

 James Bellman

 Robert Collins

 Novum Securities Limited - Broker

Colin Rowbury

                                          +44 (0) 20 399 9400

 BlytheRay - PR                           +44 (0) 207 138 3206

Megan Ray

Madeleine Gordon-Foxwell                +44 (0) 207 138 3553

                                          +44 (0) 207 138 3208

 Teneo

 Fia Long                                 +353 (0) 1 661 4055

 Alan Reynolds

 Luke Hogg

 Alan Tyrrell

 

 

 

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