Curzon Energy PLC (GB:CZN) has released an update.
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Curzon Energy PLC is unable to proceed with its proposed restructuring after failing to get unanimous creditor support, prompting the appointment of Antony Batty to assist in a Company Voluntary Arrangement aimed at creditor recovery. The company’s future is uncertain, with discussions ongoing to maximize value and explore options, while facing potential liquidation if the CVA fails.
For further insights into GB:CZN stock, check out TipRanks’ Stock Analysis page.
