REG - Reabold Resources - Results of Annual General Meeting

Reabold ResourcesAnnouncement

29/06/2022 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220629:nRSc6970Qa&default-theme=true

RNS Number : 6970Q  Reabold Resources PLC  29 June 2022

 

29 July 2022

Reabold Resources plc

("Reabold" or the "Company")

Results of Annual General Meeting

 

Reabold, the AIM quoted investing company which focuses on investments in
upstream oil and gas projects, is pleased to announce that, at the Annual
General Meeting of the Company held earlier today, all resolutions proposed
were duly passed.

 

 

ENDS

 

For further information please contact:

 Reabold Resources plc                                      c/o Camarco

 Stephen Williams                                           +44 (0) 20 3757 4980

 Sachin Oza
 Strand Hanson Limited (Nominated & Financial Adviser)

 James Spinney                                              +44 (0)20 7409 3494

 Rory Murphy

 James Dance
 Stifel Nicolaus Europe Limited - Joint Broker              +44 (0) 20 7710 7600

 Callum Stewart

 Simon Mensley

 Ashton Clanfield

 Panmure Gordon - Joint Broker                              +44 (0) 20 7659 1234

 Hugh Rich
 Camarco                                                    +44 (0) 20 3757 4980

 James Crothers

 Rebecca Waterworth

Billy Clegg

 

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.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGFLMATMTTTBLT