Ascent Resources Announces Interim Results for the Period Ended 30 June 2021

Source: www.gulfoilandgas.com 9/9/2021, Location: Europe

Ascent Resources plc, the AIM quoted onshore Caribbean, Hispanic American and European energy and natural resources focused company ("Company") is pleased to report its interim results for the six months ended 30 June 2021.

Highlights:
· Launch of ESG Metals Strategy as a new target sector within its natural resource focused business with maiden deal expected in H2 2021.
· Signing of a non-binding head of terms with Enyo Law LLP, a specialist arbitration and litigation legal firm, to advance a fully funded non-recourse damages-based agreement for the arbitration proceedings against the Republic of Slovenia.
· Raised £1m before expenses by way of an oversubscribed subscription and placement with existing and new investors.


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