Net Zero Infrastructure Signs Letter of Intent for Reverse Takeover of Westura Energy

Net Zero Infrastructure Plc (LSE:NZI) has entered into a non-binding letter of intent to acquire Westura Energy NL, a mining exploration firm based in Western Australia. If finalized, this deal would be classified as a reverse takeover under the Financial Conduct Authority’s Listing Rules, potentially transforming NZI’s business focus and market positioning.

The acquisition seeks to capitalize on Westura’s significant gold assets and seasoned management team, with plans to advance resource development and generate cash flow. Completion of the transaction is contingent on due diligence, regulatory approvals, and shareholder consent, targeting a closing date of October 31, 2025.

Outlook

Net Zero Infrastructure faces financial challenges, including a lack of revenue and mounting losses. Its share price has shown little technical momentum, and negative earnings continue to weigh on its valuation. The proposed acquisition adds further uncertainty to the company’s strategic trajectory.

About Net Zero Infrastructure Plc

Operating within the infrastructure sector, Net Zero Infrastructure focuses on sustainable and renewable energy projects. The company is actively pursuing strategic acquisitions to broaden its portfolio and strengthen market presence.

• Technical Sentiment: Strong Sell

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Dwayne Buzzell

• 

  Tom Winnifrith

• 

  ADVFN News Bulletin

• 

  ADVFN News