Anglo African Oil and Gas Plc releases an update

  • Jan 06, 2020 GMT
  • Team Kalkine
 
  • The company had agreed to dispose of 80% of its subsidiary AAOG Congo for a consideration of £1 million.
  • The company had sought financing arrangements from RiverFort to enable it continue as a going concern beyond the beginning of February 2020.
  • The company continues to make progress on the terms and conditions to be included in the loan note
  • The company announced that Brian Moritz has resigned from the position of non-0065ecutive director of the company.
  • On 6th January 2020, at the time of writing, GMT 09:25 AM, AAOG shares were trading at GBX 0.47, down by 0.1 points or 17.39% against the previous day closing price.

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