Reabold Resources plc has raised £686,800 via a conditional subscription for 686,800,000 new ordinary shares of 0.1 pence each in the company, at 0.1 pence per share. DIRECTORS The company has also proposed a share consolidation, subject to shareholder approval. The subscription adds to the £1.51 million and £1.9m raised during March 2026, and takes […]
Tag: Daybreak Oil and Gas Inc
Reabold raises £1.51m
Reabold Resources plc has conditionally raised gross £1.51 million through the placing of 1.51 billion new ordinary shares, each at the issue price of 0.1 pence. TVRs The sum raised, added to the March £1.9m strategic investment, takes the total to £3.41m. The fundraise is subject to shareholders’ approval at a general meeting on 24 […]
Reabold co-CEOs buy 170m shares
Reabold Resources plc’s co-chief executive officers today purchased in total 169,906,363 ordinary shares in the company. OWNERSHIP Sachin Oza purchased 79,000,000 ordinary shares at 0.0625 pence per share for £49,375. Mr Oza, along with persons closely associated with him, now owns 298,720,298 ordinary shares, representing 2.93% of the company’s issued share capital. Stephen Williams bought […]
Reabold approved equity exchange with Daybreak
Reabold Resources plc said that shareholders had backed the equity exchange agreement over its California assets with Daybreak Oil and Gas Inc. TERMS The company’s subsidiary Reabold California LLC comprises two licence areas of Monroe Swell and West Brentwood. The deal will see the subsidiary become a wholly owned subsidiary of Daybreak whose shareholders approved […]
Reabold-Daybreak extend date for equity exchange
Reabold Resources plc announced an extension by mutual consent to 29 April 2022 of the longstop date of the equity exchange agreement with Daybreak Oil and Gas Inc. CALIFORNIA Daybreak is a United States’ OTC traded oil and gas operator with assets in California. The transaction will result in Reabold becoming a major shareholder of […]
Reabold signs equity exchange deal with Daybreak
Reabold Resources plc has signed a conditional equity exchange agreement with American OTC traded oil and gas operator, Daybreak Oil and Gas Inc, with assets in California. TRANSACTION The transaction will see the investment company become a major shareholder of Daybreak through the issue of new Daybreak shares to Reabold. In exchange, Daybreak will acquire […]