Solo Oil Plc - Proposed Transaction and Reverse Takeover Update
("Solo" or "the Company")
Proposed Transaction and Reverse Takeover Update
Solo (AIM: SOLO), the AIM investing company, targeting attractive production and development opportunities within the European gas market, announces that, further to the update provided by the Company on
As part of the Proposed Transaction, the Board continues to assess all debt and equity funding options available to the Company.
Additionally, the Board continues to progress a number of complementary business development opportunities in line with its European gas strategy.
The Board reiterates that there can be no guarantees that the Proposed Transaction will proceed and intends to provide a further update to market as soon as possible.
For further information:
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+44 (0) 20 7440 0642
+44 (0) 20 7409 3494
Buchanan, Financial PR
+44 (0) 20 7466 5000
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation 596/2014.
This information is provided by RNS, the news service of the
Quick facts: Solo Oil PLC
Market Cap: £3.79 m
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