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Pin to quick picksRurelec Share News (RUR)

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Share Price Information for Rurelec (RUR)

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Share Price: 0.425
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Rurelec secures new short-term loan facility

Thu, 18th Feb 2016 10:00

(ShareCast News) - Rurelec has entered into and fully drawn down a short-term loan facility with Bridge Properties for £850,000.The company, which owns, operates and develops power generation capacity, said the proceeds are for working capital and the repayment of the Radix Investments UK loan and accrued interest.Rurelec said the loan, due for repayment on 30 June with interest charged at 1% per month, is to allow the board time to source further, long-term funding.There is no guarantee long-term funding will be available and the group said its cash position continues to be "extremely tight"."The directors are exploring how best to arrange for the company to benefit from the cash generated by the asset in Argentina in which it has a 50% interest."At 1011 GMT, Rurel shares were up 9.1% to 1.20p.
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24 Sep 2018 11:45

Rurelec Hoping Turbine Work Can Help Improve Its Financial Position

LONDON (Alliance News) - Shares in Rurelec PLC fell Monday as it said there will be a "major" shut-down of a steam turbine at its southern Patagonian power plant in were 29% lower on at

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1 Jun 2018 10:30

Rurelec 2017 Loss Narrows As It Sells Of Assets And Cuts Costs

LONDON (Alliance News) - Rurelec PLC on Friday said its loss narrowed in 2017 as it withdrew from Peruvian assets and reduced expenses.The electricity utility company said its pretax loss a

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25 Apr 2018 12:44

Rurelec Notes Resumed Debt Repayment But Delays In Plant Maintenance

LONDON (Alliance News) - Electric utility company Rurelec PLC said on Wednesday it has noted that Energia del Sur SA, which operates a 136 megawatts Southern Patagonian combined-cycle power plant

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28 Oct 2016 15:31

Rurelec Gets Eight-Month Extension On Bridge Properties Loan Facility

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15 Jul 2016 16:43

Rurelec Annual Loss Widens On Huge Asset Write Downs

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22 Jun 2016 16:44

Rurelec Gets 12-Month Extension On Bridge Properties Loan Facility

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13 Apr 2016 16:20

Rurelec Ups Short-Term Loan Facility But Cash Facility Still Tight

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18 Feb 2016 08:47

Rurelec Fully Draws Down GBP850,000 Loan Facility But Cash Still Tight

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23 Dec 2015 12:26

Rurelec Says Repayment Date For Radix Investment Loan Extended

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14 Dec 2015 11:43

Rurelec Says Chief Executive Mark Keegan Resigns Immediately

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14 Dec 2015 11:39

Rurelec CEO Keegan throws in towel

(ShareCast News) - Following the collapse of a major shareholder and resignation of its chairman, Rurelec's chief executive Mark Keegan has also resigned with immediate effect. In late November, Keegan and the board said they would continue to try and drum up financing for the South America-focus

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23 Nov 2015 16:14

AGM, EGM Calendar - Week Ahead

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13 Nov 2015 09:23

Rurelec Proposes GBP3.5 Million Rights Issue To Shore Up Finances (ALLISS)

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6 Nov 2015 16:23

Rurelec Enters Into Short-Term Loan Agreement With Radix Investment

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