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Investegate |Prospex Energy PLC Announcements | Prospex Energy PLC: Investor Presentation

Investegate |Prospex Energy PLC Announcements | Prospex Energy PLC: Investor Presentation
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Investegate |Prospex Energy PLC Announcements | Prospex Energy PLC: El Romeral Approval Granted & Issue of CLN

El Romeral Approval Granted & Issue of CLN

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce, further to previous notifications, that regulatory approval has been received for the acquisition of a 49.9% interest in El Romeral, an integrated gas production and power station operation in southern Spain ( El Romeral or the Project ).

In addition, the Company announces the issue of a £
415,838.28
convertible loan note and associated warrants to new and certain existing investors, along with certain members of the Board and staff in settlement of deferred stipends and salaries as a result of the COVID-19 pandemic. ....

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