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

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

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