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Mon, 23rd Sep 2019 16:46
(Alliance News) - Oil & gas company Ascent Resources PLC on Monday said Riverfort Global Opportunities PCC Ltd has built a 13% holding in the company.
Before a purchase on Friday, the Riverfort did not have any stake in Ascent.
Shares in Ascent closed 0.2% higher at 0.23 pence each in London on Monday.
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.
Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - Says it and subsidiary Ascent Slovenia Ltd formally notify government of Slovenia of further breaches under the UK-Slovenia bilateral investment treaty and the Energy Charter Treaty. "In particular, the government of Slovenia has been notified of the fact that their latest actions, which include amendments to the mining law which specifically prohibit holders of mining rights from carrying out the exploration or exploitation of hydrocarbons with the use of any hydraulic stimulation, have caused further considerable harm to the investors' investments in Slovenia," it says. Ascent believes it is "the specific target" of these actions.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read moreTRADING UPDATES: Ramsens resumes dividend; Watkin Jones profit rises
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(Sharecast News) - Caribbean, Latin America and Europe-focussed natural resources company Ascent has extended the maturity of its outstanding loan obligations, it announced on Friday, giving it a "runway" for the continuing execution of its 'ESG Metals' strategy.
Read moreAscent Resources extends the maturity of its loan obligations
Read moreTRADING UPDATES: Cake Box, Argentex see record first half performance
Read moreTRADING UPDATES: IXICO, Spectra and Actual Experience win deals
Read more(Sharecast News) - Caribbean, Latin America and Europe-focussed energy and natural resources company Ascent Resources updated the market on the gas price situation at its Petisovci gas project in Slovenia on Monday, following recent significant increases in global gas prices.
Read moreIN BRIEF: Ascent Resources shares surge on Slovenian production update
Read moreEARNINGS UPDATES: STV, Chaarat, Sportech, Bacanora enter black
Read moreEXECUTIVE CHANGES: St Modwen taps CFO to replace Grainger-bound Hudson
Read moreUK shareholder meetings calendar - next 7 days
Read more(Sharecast News) - Ascent Resources updated the market on the funding of its dispute with Slovenia on Thursday, reporting that it was advancing towards the launch of international arbitration proceedings against the country under the Energy Charter Treaty and the UK-Slovenia Bilateral Investment Treaty.
Read moreTRADING UPDATES: XLMedia sees strong start but expects lower revenue
Read moreTRADING UPDATES: Henry Boot gets planning boost; Beximco sales jump
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