Tiger Resource PLC Disposal of shares in Block Energy Plc (5289W)
2019年4月17日 - 10:34PM
RNSを含む英国規制内ニュース (英語)
TIDMTIR
RNS Number : 5289W
Tiger Resource PLC
17 April 2019
For immediate release 17 April 2019
Tiger Resource plc
("Tiger " or The "Company")
Disposal of shares in Block Energy Plc
Tiger Resource Plc is pleased to announce that the Company sold
625,000 shares in Block Energy Plc ("Block Energy") on 17 April
2019 realising net proceeds of GBP64,034.62. The disposal proceeds
will be used as general working capital for the Company and also to
target new investments in the natural resource sector. Following
the above sale, Tiger holds a further 625,000 shares in Block
Energy and will continue follow progress with this investment.
Block Energy is an AIM-listed revenue generative junior oil and
gas company aiming to capitalise on first mover advantage to build
on its oil producing assets with a target to become one of the
largest independent oil producer in Georgia. For the period ended
31 December 2018, Block Energy reported a net loss on ordinary
activities before taxation of GBP (582,000) and had at that date
net assets of GBP 6,353,000.
Tiger has not received any dividend income from Block Energy
Plc.
For further information please contact:
Tiger Resource Plc Raju Samtani, Director +44 (0)20 7581 4477
Roland Cornish
Beaumont Cornish (Nomad) Felicity Geidt +44 (0)20 7628 3369
Email:corpfin@bcornish.co.uk
Novum Securities Ltd Jon Belliss +44 (0)20 7399 9425
(Broker)
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
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END
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