RNS Number : 4339V
Corcel PLC
07 August 2020
 

Regency Mines PLC

("Regency" or the "Company")

 

Change of Name to Corcel Plc

AIM Rule 26 Website Change

 

07 August 2020

Further to the Company's announcement on 5 August, Regency Mines Plc (LON: RGM), the natural resource exploration and development company with interests in battery metals and flexible grid solutions, announces that the Company's name has now been changed by Companies House and accordingly the Company is now named Corcel Plc.

 

With effect from 8:00 am today, trading on AIM will commence under the Company's new name and the new TIDM will be CRCL.L (previously RGM.L) The Company's ISIN GB00BKM69866 and SEDOL BKM6986 remain unchanged.

 

Shareholders should note that their shareholdings will be unaffected by the change of name and existing share certificates should be retained as they will remain valid for all purposes and no new share certificates will be issued.

 

In order to reflect the Company's new name, the Company's website will be changed to http://www.corcelplc.com with effect from 8:00am today. The information required pursuant to AIM Rule 26 will be available at this address.

 

Scott Kaintz, CEO, commented: "We are pleased to have now completed the rebranding  of the business to its new identity, Corcel Plc. Conceived as a fusion of our core businesses, Corcel looks to offer what we view to be a compelling investment proposition in the sector, with exposure to the extraction of battery metals from the ground to some of the critical end use of these metals supporting the UK energy grid.  The portfolio blends the high impact potential of battery metals exploration with the potential for solid cashflows from energy storage and production.

 

We believe this positioning is on-trend, reflects our growth trajectory and that it will deliver  shareholder value as we execute our strategy." 

 

For further information, please contact:

Scott Kaintz 020 7747 9960                                                        Director Corcel Plc

Roland Cornish/ Rosalind Hill Abrahams 020 7628 3396        NOMAD Beaumont Cornish Limited

Jason Robertson 020 7374 2212                                                Broker First Equity Limited

 

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


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