Zak Mir talks to Graham Lyon, Executive Chairman, Sound Energy as the transition energy company, announced the completion of the transaction for the partial divestment of the Company's Moroccan assets by way of the disposal by the Company of the entire issued share capital of Sound Energy Morocco East Limited to Managem SA for a total value to Sound Energy of up to US$45.2 million.
Commenting, Graham Lyon (Executive Chairman of Sound Energy) said:
“We are delighted to have completed the sale of SEME Limited, and we are pleased to welcome Managem as its new owner. I would like to thank all those involved from both companies, our advisors, ONHYM and the Ministry of Energy. This is a transformative transaction for Sound Energy, unlocking significant value and we look forward to the new chapter of Tendrara development and exploration activity in Morocco.”
https://www.share-talk.com/sound-energy-plc-aimsou-moroccan-assets-completion-of-the-sale-of-seme/
Commenting, Graham Lyon (Executive Chairman of Sound Energy) said:
“We are delighted to have completed the sale of SEME Limited, and we are pleased to welcome Managem as its new owner. I would like to thank all those involved from both companies, our advisors, ONHYM and the Ministry of Energy. This is a transformative transaction for Sound Energy, unlocking significant value and we look forward to the new chapter of Tendrara development and exploration activity in Morocco.”
https://www.share-talk.com/sound-energy-plc-aimsou-moroccan-assets-completion-of-the-sale-of-seme/
Listen On
Also Listen
-
Interview: Capital Metals – Advancing the Taprobane Minerals Project in Sri Lanka
Zak Mir talks to Greg Martyr, Executive Chairman, Capital Metals, in the wake of -
Interview with Jim Mellon: Insights on the 2025 Market Landscape and Investment Strategies
In a recent conversation with renowned investor Jim Mellon, Zak Mir delved deep -
Sam Garrett Chief Executive Officer of Great Southern Copper talking with Andrew Scott
Great Southern Copper plc (LSE: GSCU) continues to make exciting strides at its -
Zak Mir Talks to Howard White, Non-Executive Chairman of Hydrogen Utopia Intl
Zak Mir talks to Howard White, Chairman of Hydrogen Utopia, a company specialisi