Company Announcements

Update On RRDSL Claim

Source: RNS
RNS Number : 0573U
Star Phoenix Group Ltd
28 July 2022
 

28 July 2022

 

Star Phoenix Group Ltd

("Star Phoenix" or the "Company")

 

Update On RRDSL Claim

 

Star Phoenix, an AIM listed company (AIM: STA) focused on growth through attractive opportunities, provides the following update in relation to its wholly owned subsidiary in Trinidad, Range Resources Drilling Services Limited ("RRDSL").

Star Phoenix is pleased to announce that RRDSL has won a claim at an amount of approximately TT$1.1 million (£132,000) against 360 Oil and Gas Limited in the Supreme Court of Trinidad and Tobago in respect of unpaid service fees.

This announcement has been approved by Chairman Lubing Liu on behalf of the Company.

 

 

Contact Details

 

 

 

Star Phoenix Group Ltd

Robin Luo (Company Secretary)

e. admin@starphoenixgroup.com

t.   +61 8 6205 3012

WH Ireland Limited (Nominated Adviser and Broker)

James Joyce / Ben Good

t.   +44 (0)20 7220 1666

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

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