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Pin to quick picksCurzon Energy Share News (CZN)

  • 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 reverse takeover exclusivity period extended

Mon, 01st Mar 2021 16:27

Curzon Energy PLC - investor in US based natural gas projects - Announces an extension to its exclusivity period with Poseidon Enhanced Technologies to April 1, as the two companies work towards a definitive purchase agreement, contemplating a reverse takeover of Curzon by PET. Poseidon aims to provide the lowest-cost solution for the food and beverage industry to achieve its goal of reducing the use of single-use plastics.

Due to the potential transaction constituting a reverse takeover, Curzon's shares have been temporarily suspended.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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