TIDMCZN

RNS Number : 4111T

Curzon Energy PLC

25 March 2021

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

25 March 2021

Curzon Energy Plc

("Curzon" or the "Company")

Loan Extension

Curzon Energy Plc (LON:CZN), the London Stock Exchange listed oil and gas company, announces that it has extended its outstanding loan with Sun Seven Stars Investment Group, originally announced on 18 March 2020, to 30 August 2021. The loan consists of a principal amount of GBP260,000 and carries a 10% interest rate.

Separately, the Company continues to conduct mutual due diligence with Poseidon Enhanced Technologies ("PET") in contemplation of a reverse takeover of Curzon by PET. The Company will provide further updates in due course.

 
 For further information please 
  contact: 
 
 Curzon Energy Plc                 +44 (0) 20 7747 9980 
 Scott Kaintz 
 www.curzonenergy.com 
 
 SP Angel Corporate Finance LLP    +44 (0) 20 3470 0470 
 

Broker

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 or visit 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.

END

MSCUSOKRAKUOUAR

(END) Dow Jones Newswires

March 25, 2021 03:00 ET (07:00 GMT)

Curzon Energy (LSE:CZN)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Curzon Energy Charts.
Curzon Energy (LSE:CZN)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Curzon Energy Charts.