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AIM Rule 26
Rule 26 of the AIM Rules for Companies requires all AIM-quoted companies to maintain certain information on its website. Reabold Resources plc complies with this requirement by holding the relevant information as set out below:
Company name
Reabold Resources PLC
Registered number
03542727
Country of incorporation and operation
Reabold Resources is incorporated in and mainly operates in the United Kingdom.
Registered office
The Broadgate Tower,
8th Floor, 20 Primrose Street,
London, EC2A 2EW
Description of the business
Director information
Advisors
Corporate governance
Company documents
Share information
Financial information
Notifications to shareholders in the last 12 months
Takeover Code
The Company is subject to the rules of the UK City Code on Takeovers and Mergers.
Investing policy
The Investing Policy of the Company is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector. The Company will consider investment opportunities anywhere in the world. The Company will also consider opportunities in other sectors as they arise. Investments may be by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements.
Such investments may result in the Company acquiring the whole or part of a company or project (which in the case of an investment in a company may be private or listed or quoted on a stock exchange, and which may be pre-revenue), and such investments may constitute a minority stake in the company or project in question. The Company may be both an active and a passive investor depending on the nature of the individual investments.
Although the Company intends to be a medium to long-term investor, the Company will place no minimum or maximum limit on the length of time that any investment may be held and therefore shorter term disposal of any investments cannot be ruled out. The Company intends there to be no limit on the number of projects into which the Company may invest. The Investment Policy will allow investments to be in all types of assets and there will be no investment restrictions.
The Company may offer new Ordinary Shares by way of consideration as well as cash, thereby helping to preserve the Company’s cash resources for working capital. The Company may, in appropriate circumstances, issue debt securities or otherwise borrow money to complete an investment. The Company does not intend to acquire any cross-holdings in other corporate entities that have an interest in the Ordinary Shares.
This page was last updated on 06 April 2023