Last checked at 24 Nov 2014 07:00
24 November 2014
Atlantis Resources Limited
Publication of Shareholder Newsletter
Atlantis Resources Limited (AIM: ARL, "Atlantis", or the "Company"), a recognised global leader in the tidal power sector, announces that it has issued a shareholder newsletter detailing the Company's latest activities.
Please see this link for a copy of the shareholder newsletter: http://www.rns-pdf.londonstockexchange.com/rns/7384X_-2014-11-21.pdf
A copy of the shareholder newsletter will also be available on the Company's website later today: http://atlantisresourcesltd.com.
Enquiries:
Atlantis Resources | +44 (0)20 3137 3467 |
Tim Cornelius, Chief Executive Officer | |
Duncan Black, Chief Financial Officer | |
Peel Hunt LLP (Nominated Adviser and Broker) | +44 (0)20 7418 8900 |
Daniel Harris Jock Maxwell Macdonald Andy Crossley Euan Brown | |
FTI Consulting | +44 (0)20 3727 1000 |
Ben Brewerton Alex Beagley Stephanie Blott James Styles |
About Atlantis (www.atlantisresourcesltd.com)
Atlantis Resources Limited is a vertically integrated turbine supplier and project developer in the tidal power industry. The Atlantis group holds equity positions in a diverse portfolio of tidal stream development projects, which includes a stake of more than 86% in MeyGen Limited, the company developing the MeyGen project in Scotland. The MeyGen project is the largest consented tidal stream power project in Europe, and is scheduled to commence generation in H1 2016.
Alongside its project development interests, Atlantis owns a portfolio of patents and patent applications relating to tidal power generation and sells tidal generation equipment and engineering services to third party developers as well as its own projects. The Atlantis group, which is revenue generating, also conducts industrial research and development and provides specialist consulting services globally.
Atlantis Resources was admitted to AIM on 20 February 2014, raising £12 million before expenses through the placing of 12,765,957 new shares.