The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksROSE.L Regulatory News (ROSE)

  • There is currently no data for ROSE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Mexican IVA recovery update

10 Apr 2017 10:15

RNS Number : 0518C
Rose Petroleum PLC
10 April 2017
 

10 April 2017

Rose Petroleum plc

("Rose", the "Company" or the "Group")

 

Mexican IVA recovery update

 

Rose (AIM: ROSE), the AIM quoted natural resource business, is pleased to provide an update on its progress to recover substantial IVA (value added tax) owed to the Group from the Mexican tax authorities.

 

Further to the announcement on 17 March 2017, the Company confirms that it received a total of MX$6,009,458 (c.US$321,000) from the Mexican tax authority ("SAT") during March 2017, significantly more than the MX$4,200,000 the Company previously anticipated receiving.

 

The Company continues to seek the recovery of the remaining MX$10.5 million (c. US$552,000) owed to it by SAT.

 

Matthew Idiens, CEO, commented: "We are encouraged by the scale of the funds received back from the Mexican authorities. We continue to work on recovering the outstanding balance as we work on building our cash reserves ahead of the upcoming work programme."

 

Prior to publication, certain information contained within this announcement was deemed to constitute inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.

Enquiries:

 

Matthew Idiens (CEO)

Chris Eadie (CFO)

 

Rose Petroleum plc

Tel: +44 (0) 20 7225 4595

Tel: +44 (0) 20 7225 4599

Jeremy Porter / James Reeve / Liz Kirchner

 

Allenby Capital Limited

 

Tel: +44 (0) 20 3328 5656

 

James Pope / Ben Turner

 

Turner Pope Investments

Tel: +44 (0)20 3621 4120

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCKBLBFDZFFBBX
Date   Source Headline
1st Jun 20107:00 amRNSAcquisition of Breccia Pipe Targets, US
26th May 20107:00 amRNSNI 43-101 Resource Report, Wate Uranium Pipe
26th Apr 20107:00 amRNSFinal Results
31st Mar 20107:00 amRNSUpdate on Copper Properties
1st Mar 20107:00 amRNSMaiden Resource Statement at Wate, Arizona
27th Jan 20107:00 amRNSAppointment of COO and 2010 Strategy
22nd Jan 20109:30 amRNSHolding(s) in Company
19th Jan 201012:01 pmRNSHolding(s) in Company
19th Jan 20107:00 amRNSAcquisition of New Uranium Property
14th Jan 20107:00 amRNSHolding(s) in Company
23rd Nov 20095:23 pmRNSHolding(s) in Company
18th Nov 20097:00 amRNSAdditional Uranium Drilling Intercepts, Arizona
11th Nov 20097:00 amRNSCopper-Gold Project, New Mexico
6th Nov 20096:12 pmRNSHolding(s) in Company
17th Sep 20097:00 amRNSAcquisition of New Uranium Package
9th Sep 20097:00 amRNSRenewal of Freeport Agreement
7th Sep 20097:00 amRNSHigh Grade Uranium Intercepts
3rd Sep 200911:22 amRNSHolding(s) in Company
1st Sep 200911:52 amRNSHolding(s) in Company
28th Aug 20097:00 amRNSHalf Yearly Report
22nd Jul 20094:39 pmRNSGrant of Options
20th Jul 20097:00 amRNSDirectorate Change
14th Jul 20097:00 amRNSChange of Adviser
25th Jun 20097:00 amRNSUranium Property Acquisition
5th Jun 200912:04 pmRNSHolding(s) in Company
5th Jun 200912:04 pmRNSHolding(s) in Company
14th May 200912:56 pmRNSResult of AGM
21st Apr 20097:00 amRNSAnnual Report and Financial Statements
9th Apr 20097:00 amRNSFinal Results
9th Mar 200911:07 amRNSHolding(s) in Company
26th Feb 20091:17 pmRNSResult of General Meeting
20th Feb 20097:00 amRNSHolding(s) in Company
6th Feb 20097:00 amRNSDirector/PDMR Shareholding
2nd Feb 20097:00 amRNSUranium Update
30th Jan 200912:32 pmRNSYuma King Agreement
26th Jan 20098:55 amRNSNotice of General Meeting
23rd Jan 20099:17 amRNSHolding(s) in Company
18th Dec 20083:17 pmRNSHolding(s) in Company
6th Nov 20087:00 amRNSUranium Update
24th Oct 20087:00 amRNSGrant of Options
17th Oct 20087:00 amRNSUpdate On Uranium Activities
14th Oct 20083:39 pmRNSHolding(s) in Company
22nd Sep 20087:00 amRNSHeads of Agreement
10th Sep 20087:00 amRNSInterim Results
9th Sep 20087:00 amRNSUranium One/VANE Minerals Joi
25th Jul 200810:07 amRNSHolding(s) in Company
15th Jul 20087:00 amRNSOperational Update
20th May 20082:29 pmRNSResult of AGM
14th May 20082:33 pmRNSHolding(s) in Company
21st Apr 20082:34 pmRNSAnnual Report and Accounts

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.