Update on Newfoundland and Labrador

RNS Number : 5324A
Active Energy Group PLC
12 September 2018
 

Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy

 

12th September 2018

 

Active Energy Group Plc ('Active Energy' or the 'Company')

Update on the Application for Newfoundland and Labrador

 

Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces confirms, further to the announcement after the AGM on 23rd July 2018, the application process for the Crown Timber Licence and Forestry Management Agreement has continued with the Government of the Province of Newfoundland and Labrador ( the "Government'). The Government has confirmed to the Company that the application and award process remains under the final stages of active review by all relevant Government Departments. Further announcements will be made as soon as practicable.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

**ENDS**

 

Enquiries & Further Information:

 

Website

LinkedIn

 

www.active-energy.com

www.aeg-plc.com

www.linkedin.com/company/activeenergy

 

 

 

Enquiries

Active Energy Group Plc

Michael Rowan

Executive Chairman

michael.rowan@aegplc.com

 

 

Richard Spinks

Chief Executive Officer

richard.spinks@aegplc.com

 

Northland Capital Partners Limited

Nominated Adviser

 

David Hignell/Gerry Beaney

Office: +44 (0)20 3861 6625

Optiva Securities Ltd Broker

Graeme Dickson/Ed McDermott

Office: +44 (0)20 3137 1902

St Brides Partners

Financial PR Adviser

Susie Geliher / Isabel de Salis

info@stbridespartners.co.uk

Office: +44 (0) 20 7236 1177

 

About Active Energy Group:

Active Energy Group Plc (AIM: AEG.L) is a London Stock Exchange-listed international renewable energy business based upon forestry assets.  Its model is focussed on capturing the entire forestry value chain through sourcing, utilising and commercialising assets, and setting a new standard in the sustainable management and optimisation of timber resources.The Company is led by a highly technical and commercial team with the experience to execute its defined growth strategy and build its visibility, primarily as a London-listed timber opportunity with a revolutionary biomass fuel technology.

 

 

 


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