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05 Nov 2020 Confirmation statement made on 5 November 2020 with updates
View PDF Confirmation statement made on 5 November 2020 with updates
05 Nov 2020 Notification of Convergevest Holdings Group Ltd as a person with significant control on 21 October 2020
Notification of Convergevest Holdings Group Ltd as a person with significant control on 21 October 2020 - link opens in a new window - 2 pages(2 pages)
05 Nov 2020 Cessation of Sun Seven Stars Investment Group Ltd as a person with significant control on 21 October 2020
Interesting find -
SSSIG were previously registered at Shelton Street, Covent Garden and are now showing as registered in Tortola BVI
CONVERGENET were also registered at Shelton Street as CONVERGENET QUINTESS GROUP LIMITED.
Both appear to have reregistered in BVI at pretty much the same time.
Someone more intelligent than myself will know of a good reason that this has been done. Its certainly perked up the share price movement.
Just seen on Companies House website for London Critical Metals Market a change of “Persons With Significant Control” from SSIG to Convergevest Holdings Ltd based in the BVI.
Has anyone any thoughts on what this means for Curzon Energy.
The other potential big hitter could be monecor/etx who already hold over 3%?!
Does anyone think the delays are allowing SSSIG to buy shares on the cheap before making an offer for the remaining share capital?
What A Surprise! Funding Desperately Needed Here Imo !
I do wonder what the sticking point is with the deal. That RNS only serves to spook the market and drive out more retail holders.
Only a plus if they are willing to stump up more money for an extension !!
Doesn't sound that promising.....
Update is that we have no update ......
Talks ongoing though so that's a plus I guess
Should see 2.5p+ on this soon, news due anytime now accumulate and wait. Free float is very small on this and can’t really go wrong at these prices, especially with Chinese wanting to take over planet earth
I emailed some time ago too but never received a reply
I do interpret that reply as good though
'there is not a great deal we can say on this matter without bringing you inside'
in other words, there is a lot to say, we just can't say it yet ...
Dear ****,
Thank you for the e-mail. Unfortunately there is not a great deal we can say on this matter without bringing you inside. However, what we can say is that the Board is in constant dialogue with our financial advisors and lawyers as to what we should formally announce and when we should do so, so this is very much an active decision making process.
So broadly speaking, we agree on the need to update the markets, and we look to be able to formally do so in the near term, and we apologize for any delays to date.
Thank you in any case for the support and ongoing interest in Curzon Energy.
Regards,
Curzon Energy Plc
So, tired of waiting, I emailed the company at the beginning of the week asking for an update, specifically had the period of exclusivity been extended and if so, or if not, why has this not yet been broadcast to the market.
Surprisingly, today I had a reply.
I replied back asking if they were ok with me sharing the content of the email on a public share discussion board, but they have yet to reply.
After a couple of minutes thought, .. I decided to post their reply anyway.
Fwiw, I am leaning towards a positive, but as a shareholder you generally do don’t you !?
Copied verbatim btw.
.. to follow … discuss.
I was thinking the same and looking to top up myself shortly. Clearly SP will rocket if deal goes ahead.
Despite the lack of news there has been a consistent flow of £2-3k buys over the last few weeks.
I may be way off the mark but; Is there a chance someone is quietly building up a sizable holding and taking advantage of the low SP thanks to the above noted lack of information.
For over 6 Months ! Last Chat Lasted in The Region Of 14 Months And Then Binned With A 4 Line Write Off !
That’s For Sure !
Presumably the exclusivity agreement has now been extended to 1 December? Poor comms from the BoD imo
The period of exclusivity originally entered into between Sun Seven Stars Investment Group ("SSSIG") and the Company has been extended until 1 September 2020 by the payment of £75,000 to be added to the existing one-year loan note carrying an annual interest rate of 10% per annum and convertible at the price of any subsequent share issue in the contemplated transaction. SSSIG has the right to further extend this period through to 1 December 2020 by making additional payments.
12 August RNS:
Would be nice if we were told if the exclusivity deal has been extended or not no rns for a while
Heading for zero or a last minute deal?
https://www.lse.co.uk/rns/CZN/2020-interim-results-xe43yxksjq711oe.html
Section 6 Borrowing !
If the transaction Fails to materialize! Which is looking a tad Dodgy at Present imo ! Wouldn’t Look Too Pretty ( Saddled With A Load Of Debt , Zero Revenue , Paying 10% Interest )
Well it doesn't look like they are extending to December. Thius is like watching paint dry though.
https://twitter.com/Jarvy55/status/1308021304193359875