REG - Reabold Resources - Result of AGM
RNS Number : 1169KReabold Resources PLC11 December 201811 December 2018
Reabold Resources Plc
("Reabold" or "the Company")
Result of AGM
Reabold announces that at its Annual General Meeting held earlier today, all of the resolutions, as set out in the Notice of Meeting, were duly passed.
ENDS
For further information please contact:
Reabold Resources plc
Stephen Williams
Sachin Oza
c/o Camarco
+44 (0) 20 3757 4980
Strand Hanson Limited (Nominated and Financial Advisor)
Rory Murphy / James Spinney / James Dance
+44 (0)20 7409 3494
Camarco
James Crothers
Ollie Head
Billy Clegg
+44 (0) 20 3757 4980
Whitman Howard Limited - Joint Broker
Nick Lovering
Grant Barker
+44 (0) 20 7659 1234
Turner Pope Investments (TPI) Ltd - Joint Broker
Andy Thacker
+44 (0) 20 3621 4120
Notes to Editors
Reabold Resources plc is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.
As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.
Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.
Reabold has a highly-experienced management team, who possess the necessary background, knowledge and contacts to carry out the Company's strategy.
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