REG - Petrel Resources PLC - Results of Annual General Meeting

Petrel ResourcesAnnouncement

27/07/2021 11:40

RNS Number : 6239G
  
Petrel Resources PLC
  
27 July 2021
  
 

                                                                                             
 
 
27th July 2021
 
Petrel Resources plc
("Petrel" or "the Company")
 
Results of Annual General Meeting
 
 
At the Petrel Resources plc Annual General Meeting, held on 27th July 2021 in the Hotel Riu Plaza The Gresham, 23 O'Connell Street Upper, Dublin 1, D01 C3W7 at 10.00 am, all the resolutions which were put to the meeting were duly passed. 
 
At a board meeting held prior to the AGM, John Teeling indicated that he wished to step aside as Chairman, while remaining a non-executive director.
 
David Horgan was then appointed Executive Chairman, and briefed shareholders on the Company's projects, including our exploration and development proposals to the Iraqi authorities, ongoing discussions with Ghanaian and other officials. No new information was shared as part of this briefing as compared to that disclosed in the Company's 2020 Annual Report, which is available on its website.
 
The Tamraz Group has not yet resolved its issues or released the 32 million Petrel shares which 3 individuals had pledged to a finance company in 2019. Accordingly, the High Court injunction on these 32 million Petrel shares remains in place.  
 
Petrel Resources plc looks forward to accelerating progress with the restoration of normal international business, as the world emerges from the C-19 pandemic.
 
 
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
 
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For further information please visit http://www.petrelresources.com/ or contact:
 




Petrel Resources


 




John Teeling, Chairman


+353 (0) 1 833 2833




David Horgan, Director


 




 


 




Nominated Adviser and Broker


 




Beaumont Cornish - Nominated Adviser 

 
Roland Cornish
Felicity Geidt
 




+44 (0) 020 7628 3396




Novum Securities Limited - Broker 

Colin Rowbury 


 
+44 (0) 20 399 9400
 




 


 




Blytheweigh - PR

Megan Ray

Madeleine Gordon-Foxwell


+44 (0) 207 138 3206
+44 (0) 207 138 3553 
+44 (0) 207 138 3208




 


 




Teneo 
Luke Hogg
Alan Tyrrell
Thomas Shortall


 
+353 (0) 1 661 4055
+353 (0) 1 661 4055
+353 (0) 1 661 4055




 
 

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