TIDMRBD

RNS Number : 6064G

Reabold Resources PLC

02 March 2018

2 March 2018

Reabold Resources plc

("Reabold" or the "Company")

Posting of Circular

Further to the announcement of 28 February 2018, Reabold, the AIM listed strategic investor in pre-cash flow upstream oil and gas projects, is pleased to announce that today it posted a notice of general meeting ("the Notice") to shareholders, and the Notice is available on the Company website www.reabold.com.

The general meeting (the "Meeting") will take place at the offices of Hill Dickinson LLP at 105 Jermyn Street, London SW1Y 6EE at 11.00 a.m. on 19 March 2018.

ENDS

Enquiries:

 
                                           020 7440 
 Reabold Resources plc                      640 
 
   Sachin Oza, Co-Chief Executive 
 Stephen Williams, Co-Chief Executive 
 
   Arden Partners (Joint Broker              020 7614 
   and bookrunner)                           5900 
 
   Paul Shackleton / Daniel Gee-Summons 
   - Corporate Finance 
 Fraser Marshall - Corporate 
  Broking (bookrunning enquiries) 
 
                                             020 7659 
   Whitman Howard (Joint Broker)             1234 
 Nick Lovering 
 Grant Barker 
 
   Beaumont Cornish (Nominated             020 7628 
   Advisers)                                3396 
 Roland Cornish 
 Felicity Geidt

Notes to Editors

Reabold Resources is an investor in upstream oil & gas projects with an aim to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.

Reabold has a highly-experienced management team, who possess the necessary background, knowledge and contacts to carry out the Company's strategy. Management believes the current distress in the oil & gas industry presents an opportune time to deploy capital in undervalued assets with huge potential.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 02, 2018 13:04 ET (18:04 GMT)

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