Stmnt re Share Price Movement

RNS Number : 1163V
Rose Petroleum PLC
13 April 2016
 

13 April 2016

Rose Petroleum plc ("Rose" or the "Company")

 

Comment re Share Price Movement

 

Rose Petroleum plc, the AIM-listed (AIM: ROSE) natural resources company, notes the significant rise in its share price since Monday.  The Company continues to investigate various opportunities across different sectors and geographies to provide additional projects alongside its existing hydrocarbon and metals activities and the funding of those, as well as reviewing its current asset base, but no negotiations have been concluded at this time.  There can be no guarantee that any of these matters will proceed and further announcements will be made as necessary.   The Company also notes the recent increase in crude oil prices, but otherwise is unaware of any reason for its recent share price movement. 

 

 

For further information, please contact:

 

Matthew Idiens (CEO)

Rose Petroleum plc

Tel: +44 (0) 20 7224 4590

Jeremy Porter / Alex Brearley

Allenby Capital

Tel: +44 (0) 20 3328 5656

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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