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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
7th Sep 201812:12 pmRNSForm 8.3 - Ascent Resources plc (Replacement)
7th Sep 201810:57 amRNSForm 8.3 - Ascent Resources plc
24th Aug 20185:37 pmRNSForm 8.3 - Ascent Resources plc
20th Aug 201812:42 pmRNSForm 8.5 - Ascent Resources PLC
20th Aug 20187:00 amRNSFiling of permitting responses
16th Aug 20182:00 pmRNSPrice Monitoring Extension
16th Aug 201811:05 amRNSSecond Price Monitoring Extn
16th Aug 201811:00 amRNSPrice Monitoring Extension
14th Aug 20187:00 amRNSNotice of Shareholder Conference Call
10th Aug 201810:01 amRNSForm 8.5 - Ascent Resources PLC
9th Aug 201811:01 amRNSPermitting update
9th Aug 20187:00 amRNSNotice of Shareholder Conference Call
6th Aug 20187:00 amRNSOperational Update
3rd Jul 20187:00 amRNSOperational Update
27th Jun 201811:05 amRNSSecond Price Monitoring Extn
27th Jun 201811:00 amRNSPrice Monitoring Extension
18th Jun 20184:31 pmRNSResult of AGM
8th Jun 20187:00 amRNSOperational Update
10th May 20189:31 amRNSForm 8.5 (EPT/NON-RI) - Ascent Resources PLC
9th May 20187:00 amRNSOperational Update
8th May 20187:00 amRNSPosting of Annual Report and Notice of AGM
23rd Apr 201812:11 pmRNSForm 8 - OPD - Ascent Resources plc
18th Apr 201812:09 pmRNSForm 8.5 (EPT/NON-RI) - Ascent Resources PLC
17th Apr 201811:06 amRNSSecond Price Monitoring Extn
17th Apr 201811:00 amRNSPrice Monitoring Extension
17th Apr 20187:00 amRNSStrategic review including formal sale process
17th Apr 20187:00 amRNSFinal Results for the year ended 31 December 2017
5th Apr 20187:00 amRNSOperational update
14th Mar 20187:00 amRNSIPPC Permitting update
7th Mar 20187:00 amRNSShareholder update meeting and presentation
14th Feb 20187:00 amRNSShareholder update meeting and presentation
6th Feb 20187:00 amRNSIssue of Equity
1st Feb 20187:00 amRNSPresentation to Oil Capital Conference
8th Jan 20187:00 amRNSProduction update and payment of first invoice
29th Nov 20177:01 amRNSDirector/PDMR Shareholding
29th Nov 20177:00 amRNSNotice of Shareholder Conference Call
28th Nov 20177:00 amRNSIPPC Permit Preliminary Screening Appeal Decision
15th Nov 20177:00 amRNSExport gas production update
7th Nov 201711:04 amRNSNotice of Shareholder Conference Call
7th Nov 20177:00 amRNSAward of Options
3rd Nov 20177:00 amRNSCommencement of export gas production
2nd Nov 20177:00 amRNSIssue of Equity
30th Oct 20177:00 amRNSSuccessful fundraising of £1.5m via PrimaryBid
27th Oct 20174:56 pmRNSOffer to Raise approximately £1m via PrimaryBid
27th Oct 20174:54 pmRNSOperational update
20th Oct 20177:00 amRNSOperational update
28th Sep 20177:01 amRNSInterim results for the period ended 30 June 2017
28th Sep 20177:00 amRNSChange of Adviser
12th Sep 20177:00 amRNSIssue of Equity
8th Sep 20174:37 pmRNSHolding(s) in Company

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