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Pin to quick picksArkle Res Regulatory News (ARK)

Share Price Information for Arkle Res (ARK)

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0.85    0.075 (9.68%)
Bid:
0.80
Ask:
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Spread: 0.10 (12.50%)
Market Cap: £13.48m
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Statement re. share price movement

13 Apr 2021 07:00

RNS Number : 2151V
Arkle Resources PLC
13 April 2021
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13 April 2021

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Arkle Resources PLC

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("Arkle" or the "Company")

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Statement re. share price movement

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The Company notes the significant rise in its share price yesterday and references made on an investor forum to an article dated 22 March 2021 from bne IntelliNews regarding a potential reverse takeover of Arkle by a Mongolian mining organisation. The Company confirms that the 162 group of companies (including Arkle) were approached about assisting with the financing of this mining project by an intermediary but have since declined to progress matters and there are no discussions regarding a reverse takeover taking place.

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Enquiries:

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Arkle Resources PLC

John Teeling, Chairman

+353 (0) 1 833 2833

Jim Finn, Finance Director

+353 (0) 1 833 2833

SP Angel Corporate Finance LLPNominated Adviser & Joint Broker

Matthew Johnson/Adam Cowl

Β +44 (0) 203 470 0470

First Equity Limited

Joint Broker

Jason Robertson

Β +44 (0) 207 374 2212

Blytheweigh

Β +44 (0) 207 138 3204

Megan Ray

Rachael Brooks

Teneo

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Luke Hogg

Β +353 (0) 1Β 661 4055

Ross Murphy

Β +353Β (0)Β 1Β 661 4055

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