Ascent Resources plc has cancelled the delayed £1 million subscription by Beryl International Pty following developments in the arbitration over its onshore Slovenia gas joint venture. TERMINATION Ascent’s reasons for the move include the possible receipt of Slovenia funds, a recent £400,000 fundraise, Beryl’s failure “to provide confidence” on its ability to complete its commitment […]
Tag: Beryl International (Pty) Ltd
Ascent strategic investor’s £1m subscription delayed
Ascent Resources plc said additional bureaucracy had delayed a £1 million direct subscription for shares by future investor Beryl International (Pty) Ltd. ‘GREYLIST’ In February, the company announced a collaboration with Beryl to identify and jointly fund metals opportunities in Latin America and Africa. Ascent today said that the delay was caused by additional processes […]
Ascent signs deal for Latam and Africa metals opportunities
Ascent Resources plc has signed a deal with Beryl International (Pty) Ltd to identify and potentially fund jointly “ESG [environment, social and governance] metals” opportunities in Latin America and Africa. COLLABORATION The strategic collaboration agreement will involve potential projects including Latam ESG metals already identified by Ascent and new African opportunities introduced by Beryl. The […]