Clontarf Energy plc

Equities

CLON

GB00B09WLX62

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:14 2024-04-26 am EDT			5-day change	1st Jan Change
0.0375 ^GBX	0.00%		+17.19%	-27.88%

Mar. 18	Chariot mulls future of Transitional Power business	AN
Mar. 18	Clontarf Energy Raises GBP400,000 Via Share Placing	MT

Clontarf notes "substantial" lithium progress in Bolivia

March 06, 2024 at 10:36 am EST

Clontarf Energy PLC - Oil, gas and minerals explorer with projects in Bolivia, Ghana and Chad - Says it has recently made "substantial" progress in its Bolivian activities. On Monday, Clontarf submitted qualification materials to the Bolivian State Lithium Co in relation to a call for bids for seven priority salt pans in southern Bolivia. Assessment by the Bolivian State Lithium Co is expected in March, Clontarf says, with negotiations regarding licencing terms for successful applications in early April. The company also notes recent in-principle commitments by the EU to finance infrastructure for Lithium extraction in Bolivia. Bolivian officials accept that such investment would qualify for contractual offtake rights, Clontarf says, strengthening the development of Europe's green technology sector.

Chair David Horgan says: "We expect early results from ongoing efforts to strengthen critical raw material value chains between the EU and Latin America. Clontarf is participating vigorously in this initiative."

Current stock price: 0.045 pence per share, up 5.2% in London on Wednesday

12-month change: down 75%

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRENT CRUDE OIL SPOT	87.5 USD	-0.01%	+0.66%	-
WTI	83 USD	-0.04%	+1.33%	-
CLONTARF ENERGY PLC	0.0375 GBX	0.00%	+17.19%	2.92M

Latest news about Clontarf Energy plc

Chariot mulls future of Transitional Power business	Mar. 18	AN
Clontarf Energy Raises GBP400,000 Via Share Placing	Mar. 18	MT
AIM WINNERS & LOSERS: Clontarf raises GBP400,000; Faron jumps	Mar. 18	AN
Clontarf notes "substantial" lithium progress in Bolivia	Mar. 06	AN
ReNeuron warns; Gama Aviation pledges cash return	Feb. 05	AN
Clontarf Energy Bids for Seven Priority Salt Pans in Bolivia	Feb. 05	MT
Clontarf Energy interim loss narrows and touts importance of LNG	23-09-25	AN
Clontarf Energy plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-25	CI
Clontarf says lithium extraction technology success lifts confidence	23-07-13	AN
Clontarf Energy plc Auditor Raises 'Going Concern' Doubt	23-06-21	CI
Petrel Resources shares fall and bemoans "hostile" policies in Europe	23-06-20	AN
Clontarf Energy annual loss widens as it abandons Australian mine	23-06-08	AN
Clontarf Energy plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-06-08	CI
FTSE 100 Closes Up 0.6% as Mining, Oil Stocks Gain on Hopes of Slowing Inflation	23-06-01	DJ
Sterling Lifted by Higher UK Real Yields, But This Could Change	23-06-01	DJ
Clontarf Energy raises GBP350,000 for Bolivia lithium, other projects	23-06-01	AN
Clontarf Energy and NEXT-ChemX joint venture advances	23-05-05	AN
Clontarf Energy Completes Lithium JV with Next-ChemX	23-05-05	MT
Clontarf Energy Signs Bolivia JV Deal for Lithium Ion Extraction Technology	23-03-28	MT
Clontarf Energy agrees joint venture with NEXT-ChemX	23-03-28	AN
Clontarf Energy plc Executes the Formal Contractual Partnership Agreement with Next-ChemX Corporation	23-03-28	CI
FTSE 100 breaches 8,000 point mark as pound falls	23-02-15	AN
Clontarf Energy shares surge on NEXT-ChemX JV heads of agreement	23-02-15	AN
AIM WINNERS & LOSERS: Clontarf Energy soars on potential joint venture	23-02-15	AN
Clontarf Energy, NEXT-ChemX to Partner on Direct Lithium Ion Extraction Technology; Shares Rise 64%	23-02-15	MT

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Company Profile

Clontarf Energy Plc is an Ireland-based lithium, and oil & gas exploration and production company focused on South America and Africa. The Company operates through two segments: Bolivia and Ghana. The Company holds 60% interest in offshore license, Ghana Tano 2A Block, a 1,532km Block. In Ghana, the Company also holds interest of 80% production through 40 million barrels that gradually until 200 million barrels where the interest stabilizes at 30%. The Company in Bolivia is engaged in commodity exports, including gas demand in Brazil & Argentina. It also holds stakes in two projects, El Dorado and Monteagudo (both on existing export pipelines).

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-27 - Q4 2023 Earnings Release (Projected)

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