Atlantis Resources Limited AGM Trading Update (0490R)
24 June 2015 - 5:00PM
UK Regulatory
TIDMARL
RNS Number : 0490R
Atlantis Resources Limited
24 June 2015
24 June 2015
Atlantis Resources Limited
AGM Trading Update
Atlantis Resources Limited (AIM: ARL, "Atlantis", or the
"Company"), a global leader in the tidal power sector, will provide
the following update on its business at its Annual General Meeting
to be held at 10:00am today.
Progress on the development of the Company's flagship MeyGen
project is on track for first power in 2016. Construction works
continue at the onshore site, with completion of three of the four
directionally drilled bores now complete. MeyGen expects to
mobilise vessels to install the power export cables later this
year, bringing each cable to shore through these drilled bores for
connection to the onshore control buildings.
Furthermore, the Company is progressing well towards final
completion of the acquisition of Marine Current Turbines Limited in
an all share deal following announcement of the execution of the
sale and purchase agreement with Siemens AG on 29 April 2015.
Enquiries:
Atlantis Resources +44 (0)20 3727 1000
Tim Cornelius, Chief Executive Officer
Duncan Black, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and
Broker) +44 (0)20 7418 8900
Daniel Harris
Jock Maxwell Macdonald
Euan Brown
FTI Consulting +44 (0)20 3727 1000
Ben Brewerton
Alex Beagley
Stephanie Blott
James Styles
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGLGDLIBDBGUS
Atlantis (LSE:ARL)
Historical Stock Chart
From Apr 2024 to May 2024
Atlantis (LSE:ARL)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Atlantis Resources (London Stock Exchange): 0 recent articles
More Atlantis News Articles