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Loan Facility Update

26 Oct 2020 08:00

RNS Number : 1785D
Ascent Resources PLC
26 October 2020
 

26 October 2020

Ascent Resources plc

("Ascent" or the "Company")

Loan Facility Update

 

Ascent Resources Plc (LON: AST), the onshore Caribbean, Hispanic American and European natural resources company is pleased to announce that it has not drawn down the tranche 3 loan amount of £200,000 which, as announced on 6 August, was due to be drawn on the 4 October. Following the exercise of £50,000 of warrants on 23 October, the Lender has agreed with the Company that the the loan amount of £150,000 remains available for the Company to draw down at its discretion during any time up to the 30 November, subject to 5 business days prior draw down notice.

 

Enquiries:

Ascent Resources plc

Andrew Dennan

 

Via Vigo Communications

 

WH Ireland, Nominated Adviser & Broker

James Joyce / Chris Savidge

0207 220 1666

Novum Securities, Joint Broker

John Belliss

 

0207 399 9400

 

 

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MSCMFBRTMTITMTM
Date   Source Headline
30th Oct 202011:00 amRNSPrice Monitoring Extension
30th Oct 20209:05 amRNSSecond Price Monitoring Extn
30th Oct 20209:00 amRNSPrice Monitoring Extension
29th Oct 20205:30 pmRNSExercise of warrants and debt update
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29th Jun 20205:39 pmRNSPublication of Annual Report
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