Business
Posting of Circular
Posting of Circular.
About this update from Reabold Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6064G Reabold Resources PLC 02 March 2018 \n\n2 March 2018 \nReabold Resources plc\n(\"Reabold\" or the \"Company\")\nPosting of Circular \n \nFurther 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. \n \nThe 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.\n \nENDS\n \nEnquiries:\n \n\n\n\n\nReabold Resources plc\n\n\n020 7440 640\n\n\n\n\n \nSachin Oza, Co-Chief Executive\n\n\n\n\n\n\n\nStephen Williams, Co-Chief Executive\n\n\n\n\n\n\n\n \nArden Partners (Joint Broker and bookrunner)\n\n\n \n020 7614 5900\n\n\n\n\n \nPaul Shackleton / Daniel Gee-Summons - Corporate Finance\n\n\n\n\n\n\n\nFraser Marshall - Corporate Broking (bookrunning enquiries)\n\n\n\n\n\n\n\n \nWhitman Howard (Joint Broker)\n\n\n \n020 7659 1234\n\n\n\n\nNick Lovering\n\n\n\n\n\n\n\nGrant Barker\n\n\n\n\n\n\n\n \nBeaumont Cornish (Nominated Advisers)\n\n\n020 7628 3396\n\n\n\n\nRoland Cornish\n\n\n\n\n\n\n\nFelicity Geidt\n\n\n\n\n\n\n\n \nNotes to Editors\nReabold 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.\n \nReabold'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.\n \nReabold 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 potentia...