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Pin to quick picksActive Energy Share News (AEG)

Share Price Information for Active Energy (AEG)

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Share Price: 0.21
Bid: 0.17
Ask: 0.25
Change: -0.015 (-6.67%)
Spread: 0.08 (47.059%)
Open: 0.225
High: 0.225
Low: 0.21
Prev. Close: 0.225
AEG Live PriceLast checked at -

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Active Energy Shares Suspended To Clarify Timber Permits Approval (ALLISS)

Thu, 22nd Nov 2018 12:23

LONDON (Alliance News) - Shares in Active Energy Group PLC were suspended from trading on AIM on Thursday pending clarification of whether or not it has been issued commercial timber permits in Canada.

Active Energy, a biomass-based renewable energy firm, requested its shares to be suspended from trading as board members are currently in Newfoundland meeting the relevant officials to discuss the permits approval.

On Monday, the company said it had received confirmation of approval by the Ministry of Fisheries & Land Resources of the Canadian province of Newfoundland & Labrador for the issue of two five-year commercial timber permits.

Active Energy had said it would commence planning for the commercial development of these forestry opportunities and the construction and installation of the first CoalSwitch plant in the Northern Peninsula of Newfoundland.

Furthermore, on Thursday the company said it has received all the relevant documentation from the ministry, saying this confirmation was in a response to an article in the Northern Pen in Newfoundland.

The publication said that Gerry Byrne, the minister of Fisheries & Land Resources, denied that the timber permits had been issued.

https://www.northernpen.ca/business/update-fisheries-and-land-resource-minister-denies-timber-permits-have-been-issued-261472/

Active Energy described the Northern Pen report as "without foundation".

The stock was quoted at 1.25 pence, down 7.4% on the day prior to suspension. Active Energy is down 61% over the past three months.

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1 Nov 2018 12:44

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Active Energy Amends Forestry Management Agreement Application

LONDON (Alliance News) - Active Energy Group PLC said Monday that it amended its application for the Crown Timber licence and forestry management agreement with the Canadian government after were

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Active Energy Issues 4.1 Million Shares Following Loan Conversion (ALLISS)

LONDON (Alliance News) - Active Energy Group PLC said on Friday that a holder of convertible loan notes has converted 150,000 notes into 4.1 million shares in the company.Following this now

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28 Sep 2018 14:48

Active Energy Loss Expands As It Focuses On Commercialisation

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(Sharecast News) - Huntsworth: Berenberg reiterates buy with a target price of 150p.

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12 Sep 2018 12:40

Active Energy Crown Timber Application Still Under Final Review

LONDON (Alliance News) - Active Energy Group PLC said Wednesday that its application for the Crown Timber licence and forestry management agreement with the Canadian government is still under the

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Active Energy To Buy Forestry Assets In Canada, Shares Rise

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31 Oct 2016 13:03

Active Energy Issues Shares To Investor And Joint Venture Partners (ALLISS)

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