TIDMARK

RNS Number : 2151V

Arkle Resources PLC

13 April 2021

13 April 2021

Arkle Resources PLC

("Arkle" or the "Company")

Statement re. share price movement

The Company notes the significant rise in its share price yesterday and references made on an investor forum to an article dated 22 March 2021 from bne IntelliNews regarding a potential reverse takeover of Arkle by a Mongolian mining organisation. The Company confirms that the 162 group of companies (including Arkle) were approached about assisting with the financing of this mining project by an intermediary but have since declined to progress matters and there are no discussions regarding a reverse takeover taking place.

Enquiries:

 
Arkle Resources PLC 
John Teeling, Chairman              +353 (0) 1 833 2833 
Jim Finn, Finance Director          +353 (0) 1 833 2833 
 
SP Angel Corporate Finance LLP 
 Nominated Adviser & Joint Broker 
Matthew Johnson/Adam Cowl            +44 (0) 203 470 0470 
 
First Equity Limited 
Joint Broker 
Jason Robertson                      +44 (0) 207 374 2212 
 
Blytheweigh                          +44 (0) 207 138 3204 
Megan Ray 
Rachael Brooks 
 
Teneo 
Luke Hogg                            +353 (0) 1 661 4055 
Ross Murphy                          +353 (0) 1 661 4055

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

SPMSFMFAEEFSEIL

(END) Dow Jones Newswires

April 13, 2021 02:00 ET (06:00 GMT)

Arkle Resources (LSE:ARK)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Arkle Resources Charts.
Arkle Resources (LSE:ARK)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Arkle Resources Charts.