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4 stories mentioning RBD.L

Every FINWIRES story that references RBD.L, newest first.

Equities

Reabold Resources Confirms All-share Takeover Offer for Union Jack Oil

Reabold Resources (RBD.L) confirmed talks for an all-share takeover offer for oil and gas company Union Jack Oil (UJO.L).The oil and gas sector-focused investor said Monday that a potential deal would create a group with "greater scale, superior access to capital and other compelling operating efficiencies."Under takeover rules, the bidder has until July 13 to announce a firm offer intention or walk away.

$RBD.L$UJO.L
Equities

Union Jack Oil Confirms Takeover Proposal from Reabold Resources

Union Jack Oil (UJO.L) received a nonbinding indicative offer from oil and gas projects investor Reabold Resources (RBD.L) for a possible all-share proposal.The British oil and gas company said Monday it reviewed the potential offer for its entire share capital and provided due diligence access to Reabold.It noted that there is no certainty that the offer will proceed.

$RBD.L$UJO.L
Equities

Zenith Energy to Become Majority Shareholder in Daybreak Oil and Gas

Zenith Energy (ZENA.OL) said Wednesday it agreed to buy an 82% stake in Daybreak Oil and Gas through its subsidiary Leopard Energy.The energy production and development company signed nonbinding confidentiality and exclusivity agreements with Reabold Resources (RBD.L) and Portillion Capital to acquire their respective 42% and 40% interests in Daybreak.During a 90-day exclusivity period, Zenith will conduct customary due diligence and finalize the proposed transactions. The agreements also allow the company to negotiate the purchase of additional shares from other Daybreak shareholders.

$RBD.L$ZENA.OL
Equities

Reabold Resources Explores Potential Bitcoin Mining at Yorkshire Gas Site

Reabold Resources (RBD.L) said Monday it is assessing the potential deployment of a small-scale power plant at the West Newton A well site in its Yorkshire project in the UK to mine Bitcoin from initial gas flows.The project is intended to demonstrate Yorkshire's ability to support data center developments and potentially a large-scale data center at the site, according to a same-day filing.The investment company added that Yorkshire will continue to be advanced as an onshore natural gas resource for the "benefit of the UK energy security."Reabold's statement aims to clarify The Telegraph's Sunday report, which said the gas site will be "exploited for mining Bitcoin" instead of boosting British energy supply.

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