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  2. Share Prices
  3. Curzon Energy Share Price
  4. Curzon Energy Share News
  5. IN BRIEF: Curzon exclusivity period for reverse takeover passes

Pin to quick picksCurzon Energy Share News (CZN)

Curzon Energy Information
  • This share is currently suspended. It was suspended at a price of 0.775

Share Price Information for Curzon Energy (CZN)

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Share Price: 0.775
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IN BRIEF: Curzon exclusivity period for reverse takeover passes

Fri, 26th May 2023 13:50

Curzon Energy PLC - London-based investor and developer in US based natural gas projects - Says exclusivity period with Technology Metals Market has passed. Continues to have "active discussions" with Technology Metals Markets regarding a potential reverse takeover involving Curzon, despite the expiry of exclusivity rights.

In April, Curzon said it was in talks with Technology Metals Market over a reverse takeover, after executing a letter of intent. In May, Technology Metals Market extended the exclusivity period.

Current stock price: Trading flat at 0.78 pence on Friday

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Curzon Energy in reverse takeover talks, ends other talks

Curzon Energy PLC - London-based investor and developer in US based natural gas projects - In talks with Technology Metals Market Ltd over reverse takeover, after executing a letter of intent which has begun an initial 18-day period of exclusivity to conduct due diligence on each other. Says both parties have agreed to work towards execution and delivery of a definitive purchase agreement. Technology Metals Market will also provide Curzon Energy a working capital facility of up to GBP750,000 in the form of a one-year loan note, carrying an annual interest rate of 10% and convertible at the price of any subsequent share issue alongside the potential reverse takeover transaction. Says it will continue to update the market on progress as appropriate.

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IN BRIEF: Curzon Energy extends Poseidon deal exclusivity to May 1

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