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Reabold Resources plc announced on 08 October 2024 that it has appointed Cavendish Capital Markets Limited as its Nominated Adviser and Broker. This appointment is effective immediately.
| Date | 8 Oct 2024 |
| Time | 07:00:07 |
| Category | Corporate updates |
| ID | 2447H |
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:
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Reabold Resources plc Sachin Oza Stephen Williams
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c/o Camarco +44 (0) 20 3757 4980
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Cavendish - Broker and Nominated Adviser Neil McDonald Pearl Kellie
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+44 (0) 20 7220 0500 |
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Camarco Billy Clegg Rebecca Waterworth Sam Morris
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+44 (0) 20 3757 4980
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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.