REG - Reabold Resources - Change of Broker

Reabold ResourcesAnnouncement

09/05/2024 07:00

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RNS Number : 5731N  Reabold Resources PLC  09 May 2024

9 May 2024

 

Reabold Resources plc

("Reabold" or the "Company")

 

Change of Broker

 

Reabold Resources plc, the investing company focussed on European energy
security, announces that Cavendish Capital Markets Limited will act as the
Company's sole Broker with immediate effect.

 

ENDS

 

 

For further information, contact:

 

 Reabold Resources plc                                        c/o Camarco

 Sachin Oza                                                   +44 (0) 20 3757 4980

 Stephen Williams

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

 James Spinney

 James Dance

 Rob Patrick

 Cavendish - Broker

 Neil McDonald                                                +44 (0) 20 7220 0500

 Pearl Kellie

 Camarco                                                      +44 (0) 20 3757 4980

 Billy Clegg

 Rebecca Waterworth

 Sam Morris

 

Notes to Editors

 

Reabold Resources plc has a diversified portfolio of exploration, appraisal
and development oil & gas projects. Reabold's strategy is to invest in
low-risk, near-term projects which it considers to have significant valuation
uplift potential, with a clear monetisation plan, where receipt of such
proceeds will be returned to shareholders and re-invested into further growth
projects. This strategy is illustrated by the recent sale of the undeveloped
Victory gas field to Shell, the proceeds of which are being returned to
shareholders and re-invested.

 

 

 

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