Sirius terminated a deal to take a 40% stake in the Ke asset in Nigeria after local operator Del Sigma was unable to obtain approval from the Department of Petroleum Resources (DPR) to secure full control over the permit.
Sirius’ shares had been suspended since October awaiting finalisation of the farm-in agreement but now that it has spiked the Del Sigma deal, it plans to again list its shares on AIM but this time as an investment company.
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