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IN BRIEF: MetalNRG's BritNRG To Buy Sunswept Enterprises

9th Oct 2020 16:42

MetalNRG PLC - London-based resource investing and exploration company - Says subsidiary joint-venture BritNRG Ltd signs sales and purchase pact to acquire Sunswept Enterprises Ltd. "Following completion of the acquisition and at current modest production, Sunswept is expected to be net cashflow positive at circa USD43 barrels a day which represents the current market level," MetalNRG said.

Current stock price: 0.80 pence

Year-to-date change: up 27%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Metalnrg Plc
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