RE: RNS11 Mar 2021 13:19
Advance Energy plc (AIM:ADV), the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, is pleased to announce that it will shortly be commencing marketing to potential investors to fund the investment into the Buffalo Field, details of which were announced on 17 December 2020. A copy of the presentation is available on the Company's website at https://www.advanceplc.com/media-centre/presentations/
The Company looks forward to providing further updates in relation to the investment in the Buffalo Field as and when appropriate.
The Company's shares remain suspended from trading on AIM pending the publication of an Admission Document setting out full details of the potential transaction and convening a General Meeting of the Company, subject, inter alia, on the completion of a successful fundraise.