29th Sep 2021 22:01
Curzon Energy PLC - investor and developer in US based natural gas projects - Poseidon Enhanced Technologies has further extended the existing exclusivity period to November 1, 2021.
The companies are in a period in which both parties are conducting due diligence on each other, and are still working towards the execution and delivery of a reverse takeover of Curzon Energy.
Back in February, Curzon entered an initial period of exclusivity with Poseidon - which aims to convert waste virgin polyethylene terephthalate produced from crude oil and plastic into recycled feedstock for the packaging and fibre industries - in which both companies will conduct due diligence on each other.
Current stock price: 0.78 pence
Year-to-date change: flat
By Dayo Laniyan; [email protected]
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