Curzon Energy PLC (GB:CZN) has released an update.
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Curzon Energy PLC has reported a loss of US$916,592 for the year ended December 31, 2023, with no revenue generated during this period. The company, listed on the London Stock Exchange, has initiated a Company Voluntary Arrangement (CVA) to restructure its debts and is seeking additional funding to support ongoing operations. With the successful conclusion of the CVA and upcoming board changes, Curzon aims to identify a new business transaction in compliance with recent London Stock Exchange rules, offering hope for a brighter future.
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