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Curzon Energy PLC Navigates Financial Restructuring

Curzon Energy PLC (GB:CZN) has released an update.

Curzon Energy PLC reported a half-year loss of US$510,956 due to expenditures relating to its London listing and a completed Company Voluntary Arrangement (CVA), which restructured the business and cleared a significant debt load. Post-reporting period, the company underwent a board reshuffle, with John McGoldrick and Scott Kaintz stepping down, and Paul Forrest and Richard Glass stepping in. Curzon, set to be renamed Corpus Resources Plc, is poised for growth, eyeing oil and gas opportunities globally, while considering mining projects and building a technically proficient advisory team.

For further insights into GB:CZN stock, check out TipRanks’ Stock Analysis page.

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