Global Petroleum Ltd Termination of Cynergy Partnership Agreement
March 12 2024 - 8:51AM
RNS Regulatory News
RNS Number : 5542G
Global Petroleum Ltd
12 March 2024
12 March 2024
Global Petroleum
Limited
("Global" or "the
Company")
Termination of Cynergy
Partnership Agreement
The Company wishes to advise that
further to its announcement on 26 January 2024, the Partnership
Agreement between the Company and Cynergy East Med LLC has been
mutually terminated following the resignation of Executive
Chairman, Mr Daniel Page (as announced by the Company
yesterday), and a thorough evaluation of the Company's
strategic priorities.
The Board remains active operationally and
looks forward to updating shareholders on Company initiatives in
due course.
The information contained within
this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014 ("MAR"). Upon the publication of this announcement via
a Regulatory Information Service ("RIS"), this inside information
is now considered to be in the public domain.
For further information, please visit
http://www.globalpetroleum.com.au/
or contact:
|
Global
Petroleum Limited
|
+61 3 8611 5333
|
|
Andrew Draffin, Company Secretary and
Non-Executive Director
|
|
|
|
|
|
Panmure Gordon
(UK) Limited (Nominated Adviser & Joint
Broker)
|
+44 (0) 20 7886 2500
|
|
James Sinclair-Ford / Freddie Twist
Hugh Rich
|
|
|
|
|
|
CMC Markets
(Joint Broker)
Tom Curran / Thomas Smith
|
+44 (0) 20 7170 8200
|
|
|
|
|
SI Capital
Limited
|
+44 (0) 148 341 3500
|
|
Nick Emerson / Nick Briers
|
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Tavistock
(Financial PR & IR)
Simon Hudson / Nick Elwes
|
+44 (0) 20 7920 3150
|
-ends-
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