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Amedeo Resources
AMED: 2.00 0.00 ( 0.00 %) delayed: 16:57PM


  • Amedeo operating losses widen
    Tuesday 26 Sep 2017 07:03

    Story provided by StockMarketWire.com
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  • Amedeo pre-tax losses fall
    Tuesday 30 May 2017 13:48

    Amedeo Resources has reported a pre-tax loss of $1,887,000 for the year ended 31 December 2016, compared to a loss of $2,610,000 for the previous year. Revenue for the year was $108,000 (2015: $128,000), a decrease of $20,000, or 15.6%, on the prior year. Other highlights: Order of Le Tourneau...
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  • Amedeo agrees $800,000 loan to MGR
    Wednesday 11 Jan 2017 15:29

    Amedeo has agreed a loan of $800,000 to MGR Resources Pte. The facility bears interest at 10% per annum and is intended to be used for working capital. Amedeo says the iron ore price has been rising since its lows (around US$38 per tonne) at the end of 2015 and now is over US$70 per tonne....
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  • Amedeo update on jack-up rig
    Wednesday 21 Dec 2016 15:09

    Amedeo has been informed that, as stated in the interim results, the build and commissioning of Jiangsu Yangzijiang Offshore Engineering Co. Ltd's first rig order, the Le Tourneau Super 116E Class design self-elevating mobile offshore jack up drilling rig, ('Explorer 1'), has been completed,...
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  • Amedeo revenues fall
    Thursday 22 Sep 2016 16:10

    Amedeo Resources' revenue decreased to US$56,000 in the six months to the end of June (2015: US$65,000) due to a fall in sterling against the US dollar. Administrative costs were US$299,000 (2015: US$248,000). The increase was primarily due to the under accrual of audit fees in the prior...
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  • Amedeo resolutions passed at AGM
    Friday 08 Jul 2016 15:16

    Amedeo Resources has confirmed that all resolutions proposed at its annual general meeting today were passed. At 3:16pm: (LON:AMED) Amedeo Resources share price was 0p at 9p Story provided by StockMarketWire.com
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  • Amedeo revenues rise
    Tuesday 14 Jun 2016 08:09

    Amedeo's revenue for the year ended 31 December totalled US$128,000 (11 months to 31 December 2014: US$91,000), an increase of US$37,000 or 41% on the prior period. Amedeo provides various business development and marketing services to MGR Resources PTE, which represents 100% of revenue in...
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  • FLASH: Amedeo pre-tax losses rise
    Tuesday 14 Jun 2016 07:13

    Story provided by StockMarketWire.com
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  • Amedeo confirms completion of jack-up rig
    Monday 21 Dec 2015 09:10

    Amedeo says the physical build of Jiangsu Yangzijiang Offshore Engineering Co Ltd's first rig order, the Le Tourneau Super 116E Class design self-elevating mobile offshore jack up drilling rig, Explorer 1, has been completed. Testing, including to American Bureau of Shipping classifications, and...
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  • Amedeo Resources reduces its losses
    Monday 28 Sep 2015 09:29

    Amedeo Resources, an investment company whose policy is to invest principally, but not exclusively, in the resources and resources infrastructure and asset sectors, has reported that for the six months ended 30 June 2015 the cash net loss was reduced to $15,000 from $271,000. The company said...
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  • Amedeo CEO granted 260,721,118 warrants
    Friday 13 Mar 2015 15:34

    Amedeo Resources chief executive Glen Lau has been granted 260,721,118 warrant to subscribe for new ordinary shares at 1.0p apiece. The warrants have time and share price performance vesting conditions. The new grant - together with 25,000,000 warrants held by Fulton Capital Management, a...
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  • Amedeo losses narrow
    Monday 30 Jun 2014 08:12

    Resource and resource infrastructure and asset investment company Amedeo posts an overall loss for the year to the end of January - excluding non-cash items, - of ã417,000, 46% down on last time. Chief executive Glen Lau said: "In the year ended 31 January 2014, we have continued to build on...
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  • FLASH: Amedeo losses narrow
    Monday 30 Jun 2014 07:11

    Story provided by StockMarketWire.com
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  • Amadeo begins constructing first rig
    Tuesday 22 Apr 2014 11:18

    Amedeo, the resource and resource infrastructure and asset investment company, is pleased to announce that, further to the Company's announcements on 23 October 2013 and 23 January 2014, the keel of its first rig order, the 350ft Le Tourneau Super Enhanced 116e, has been laid on schedule. This...
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  • Amedeo raises ã5.2m
    Monday 03 Mar 2014 08:33

    Amedeo Resources, an investment company focussed on the resources and resources infrastructure and asset sectors, has raised approximately ã5.2m, through a subscription and a placing. Approximately ã3m has been raised through a subscription for 300,480,769 new ordinary shares at 1p apiece by...
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  • FLASH: Amedeo raises ã5.2m
    Monday 03 Mar 2014 07:27

    Story provided by StockMarketWire.com
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  • Amedeo warrants exercised
    Wednesday 12 Feb 2014 14:16

    Amedeo Resources - an investment company focussed on the resources and resources infrastructure and asset sectors - has issued 5,000,000 new ordinary shares following the exercise of warrants granted on 31 August 2012. The company has received payment of ã25,000 representing the exercise price...
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  • Amedeo confirms YZJOE contract
    Wednesday 05 Feb 2014 07:48

    Amedeo Resources has noted media reports and confirmed that Jiangsu Yangzijiang Offshore Engineering Co Ltd has been contracted to build semi-submersible drilling platforms for Primepoint Drilling PTE Ltd. In addition, an option on two additional semi-submersible drilling platforms has also...
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  • FLASH: Amedeo confirms YZJOE contract
    Wednesday 05 Feb 2014 07:14

    Story provided by StockMarketWire.com
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  • Amedeo continuing good progress
    Thursday 23 Jan 2014 09:21

    Amedeo Resources - the resource, resource infrastructure and asset focused investment company - reports continuing good progress in all areas of its business. Amedeo's largest investment is its 46.5% stake in YZJ Offshore Engineering PTE which has a 40% stake in Jiangsu Yangzijiang Offshore...
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  • FLASH: Amedeo continuing good progress
    Thursday 23 Jan 2014 07:09

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  • Amedeo Resources moves into profit
    Wednesday 23 Oct 2013 10:35

    Amedeo Resources (AIM: AMED), the resource and resource-infrastructure and asset investment company (previously known as Creon Resources), has produced a half year profit. In its its interim results for the six months ended 31 July 2013 net profit was ã245,000, (net loss of ã317,000 for the...
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  • Creon seeks approval for name change
    Tuesday 24 Sep 2013 09:44

    Creon Resources is to seek shareholder approval to change its name to Amedeo Resources. A general meeting at the company's registered office - 201 Temple Chambers, 3-7 Temple Avenue, London, EC4Y 0DT - on 17 October will also be asked to approve: * equity-based incentive schemes which will...
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  • Creon strengthens its board
    Tuesday 24 Sep 2013 08:31

    Creon has appointed Philippe Petitpierre as non-executive director with immediate effect. Petitpierre is a Swiss national who holds two Masters Degrees in Environmental Sciences and Energy from the EPFL (Lausanne Institute of Technology). He represents Switzerland on the board of IGU...
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  • Creon appoints joint broker
    Tuesday 24 Sep 2013 07:16

    Creon - the resource and resource infrastructure and asset focussed investment company - has appointed Beaufort Securities Limited as joint broker with immediate effect. Story provided by StockMarketWire.com
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  • Board changes at Creon Resources
    Thursday 12 Sep 2013 07:28

    Creon Resources (AIM: CRO), the resource and resource infrastructure focussed investment company, has announced that Zafarullah (Zafar) Karim has joined its Board as an executive director. He has served as a director with several companies and has also acted as a consultant to various businesses...
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  • Creon ready to 'strike steel' in China
    Wednesday 28 Aug 2013 07:54

    AIM-listed resource and resource infrastructure focused investment company Creon Resources says it is ready to 'strike steel' in China. Jiangsu Yangzijiang Offshore Engineering Co, in which Creon has a 18.6% stake through its joint venture with China's third largest ship building group,...
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  • FLASH: Creon ready to 'strike steel' in China
    Wednesday 28 Aug 2013 07:13

    Story provided by StockMarketWire.com
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  • Creon Resources NAV up 18-fold
    Monday 08 Jul 2013 08:59

    Resources-related investment company Creon's net asset value rose 18-fold to 0.41p per share in the year to the end of January. The group said new investment funds of more than ã12.0m were raised via an open offer to all shareholders and it invested US$15.3m (ã9.7m) in new oil and gas rig...
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  • FLASH: Creon Resources NAV up 18-fold
    Monday 08 Jul 2013 07:20

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  • Creon takes 49% stake in MGR Resources
    Wednesday 10 Apr 2013 09:16

    Creon - the resource and resource infrastructure focussed investment company - has acquired a 49% equity interest in Singapore-based MGR Resources PTE for $49,900 from Fortus PTE. The balance of MGR's share capital will be held by Fortus. Creon has agreed to provide a three-year unsecured...
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  • FLASH: Creon takes 49% stake in MGR Resources
    Wednesday 10 Apr 2013 07:33

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  • Creon JV partner clinches rig order
    Tuesday 04 Dec 2012 09:44

    Jiangsu Yangzijiang Offshore Engineering has won a jack-up rig contract worth $170m contract from Explorer I. The contract is for a Le Tourneau Super 116E Class design self-elevating mobile offshore jack-up drilling rig. Creon's 46.45% owned joint venture with China's third largest ship...
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  • FLASH: Creon JV partner clinches rig order
    Tuesday 04 Dec 2012 07:29

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  • Creon appoints non-executive chairman
    Thursday 20 Sep 2012 09:05

    Creon Resources has appointed Ghanim Bin Saad Al Saad Al Kuwari to the board as non-executive chairman. Ghanim Al Saad is the founder of Ghanim Bin Saad Al Saad & Sons Group Holdings (GSSG) which is one of Qatar's most successful private sector business groups. It has investments in more...
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  • Creon appoints CEO
    Wednesday 19 Sep 2012 14:17

    Creon Resources has appointed Glen Lau as chief executive with immediate effect, replacing Jeswant Natarajan, who has resigned. Director Guus Berting said: "We would like to thank Jeswant for his valuable contribution to the company and wish him well in his future endeavours. "We are...
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  • Director Deals - Creon Corporation PLC (CRO)
    Wednesday 18 Jul 2012 11:00

    Jeswant Natarajan, Chief Executive Officer, bought 7,000,000 shares in the company on the 11th July 2012 at a price of 0.50p. The Director now holds 17,000,000 shares. NOTE: Open Offer and Subscription Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Creon in joint venture with YZJ Holdings
    Tuesday 17 Jul 2012 08:55

    Creon has entered into a joint venture in the offshore oil and gas infrastructure sector with multi-billion dollar China-based shipbuilding giant, Yangzijiang Shipbuilding (Holdings). Creon and YZJ Holdings will each invest into the joint venture company, YZJ Offshore Engineering Pte Ltd, a...
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  • FLASH: Creon in joint venture with YZJ Holdings
    Tuesday 17 Jul 2012 07:24

    Story provided by StockMarketWire.com
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  • Creon Resources raises more than ã12 million
    Wednesday 11 Jul 2012 12:41

    The Board of Creon Resources plc (LON:CRO) has announce that, following the general meeting of shareholders of the Company held earlier today, all the proposed resolutions have been duly passed. Following the closure of the conditional underwritten Open Offer and Subscription announced on 22...
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  • Creon Resources schedules AGM
    Friday 06 Jul 2012 09:08

    Creon Resources will hold its annual general meeting at the company's registered office - 201 Temple Chambers, 3-7 Temple Avenue, London EC4Y 0DT - on 31 July at 11 a.m. At 9:08am: (LON:CRO) Creon Corporation share price was +0.01p at 0.58p Story provided by StockMarketWire.com
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  • Creon open offer to raise ã12.08m
    Friday 22 Jun 2012 09:52

    Creon Resources is seeking to raise up to ã12.08m through an open offer of up to 2,416,429,088 shares. At 9:52am: (LON:CRO) Creon Corporation share price was -0.4p at 1.6p Story provided by StockMarketWire.com
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  • Creon appoints chief executive
    Wednesday 04 Apr 2012 15:36

    Creon Resources has appointed Jeswant Natarajan as chief executive. Natarajan joins the board with a remit to lead the company in executing its new investing policy as set out in the circular to shareholders at the end of November. Jeswant has had a varied career in business with over 30...
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  • Creon Resources cannot explain share price jump
    Tuesday 24 Jan 2012 11:26

    Creon Resources says it can see no specific reason for today's jump of over 35% in its share price. It says it will seek investment opportunities, as set out in its investment policy, and when suitable ones are sourced it will make further announcements. At 11:21am: (LON:CRO) Creon Corporation...
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  • FLASH: Creon Resources resumes trading on AIM
    Monday 19 Dec 2011 07:48

    Story provided by StockMarketWire.com
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  • Creon pre-tax losses rise
    Monday 31 Oct 2011 16:06

    Creon Corporation posts pre-tax losses of £135,000 for the six months to the end of July - up from £50,000 last time. The loss per share rose to 0.31p from 0.11p. Story provided by StockMarketWire.com
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  • Creon shares suspended as it seeks short-term funding
    Thursday 22 Sep 2011 13:51

    Trading in Creon Corporation's shares has been suspended on AIM while directors try to find alternative sources of short term funding after failing to receive a loan repayment. Creon announced in July that the repayment of a loan totalling £105,602 (including accrued interest) together with the...
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  • Creon Corporation changes registered office
    Friday 22 Jul 2011 14:22

    Creon Corporation's registered office address has changed to 201 Temple Chambers, 3-7 Temple Avenue, London, EC4Y 0DT. At 2:22pm: (LON:CRO) Creon Corporation share price was +0.5p at 7p Story provided by StockMarketWire.com
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  • Creon Corporation operating losses narrow
    Thursday 07 Jul 2011 07:58

    Creon Corporation's operating loss fell to £111,024 in the year to the end of January - down from £162,711 last time. Revenues rose to £10,000 from £4,138 and there was a gross profit of £10,000 against a loss of £10,421 a year ago. Pre-tax losses fell to £98,853 from £146,940. Story...
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  • FLASH: Creon Corporation operating losses narrow
    Thursday 07 Jul 2011 07:08

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