REG - Reabold Resources - Change of Nominated Adviser

Reabold ResourcesAnnouncement

08/10/2024 07:00

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RNS Number : 2447H  Reabold Resources PLC  08 October 2024

 

8 October 2024

Reabold Resources plc

("Reabold" or the "Company")

Change of Nominated Adviser

 

Reabold Resources plc, the investing company focussed on developing strategic
gas projects for European energy security, is pleased to announce that it has
appointed Cavendish Capital Markets Limited as its Nominated Adviser and
Broker with immediate effect.

For further information, contact:

 

 Reabold Resources plc                     c/o Camarco

 Sachin Oza                                +44 (0) 20 3757 4980

 Stephen Williams

 Cavendish - Broker and Nominated Adviser   +44 (0) 20 7220 0500

 Neil McDonald

 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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