NBR.L Share Price (NBR)

What happens here next???

Cancellation of listing on AIM Further to the announcements made on 21 December 2015 and 30 March 2016 (the "Announcements"), Namibian confirms that, although it has made considerable progress on the proposed acquisition of Petro Kouilou S.A. (the "Acquisition"), it is not yet in a position to publish an AIM admission document in this respect and the ordinary shares in the Company will therefore be cancelled from trading on the AIM Market at 7.00 a.m. on 22 June 2016, being six months from when trading in the Company's shares was suspended. The Company will continue to work towards concluding the Acquisition and will write to shareholders with further information in due course. Shareholders are reminded that, at this time, there is no certainty that the Acquisition will proceed.

RNS Number : 7437B Namibian Resources PLC 20 June 2016 Namibian Resources plc ('Namibian' or 'the Company') Cancellation of listing on AIM Further to the announcements made on 21 December 2015 and 30 March 2016 (the "Announcements"), Namibian confirms that, although it has made considerable progress on the proposed acquisition of Petro Kouilou S.A. (the "Acquisition"), it is not yet in a position to publish an AIM admission document in this respect and the ordinary shares in the Company will therefore be cancelled from trading on the AIM Market at 7.00 a.m. on 22 June 2016, being six months from when trading in the Company's shares was suspended. The Company will continue to work towards concluding the Acquisition and will write to shareholders with further information in due course. Shareholders are reminded that, at this time, there is no certainty that the Acquisition will proceed. Contacts

Still nothing... Wonder if this will ever relist again... Surely if deal has fallen through should it not be RNS'd

Namibian struck a deal to acquire Petro Kouilou in December from Sister Holdings SAS. Petro Kouilou holds a 56% stake via a production sharing agreement in the Tilapia field in the Republic of Congo. Namibian resources are currently suspended pending the agreement completing, and the company will change its name to Anglo African Oil & Gas PLC when the deal is done. On Wednesday, Namibian said the long-stop date on the deal had been March 14, but it has reached an agreement with Sister Holding to extend this such that the agreement will remain in force until terminated with 14 days written notice by either party.