Sirius Petroleum an AIM listed company has recently signed a Joint Operating Agreement (JOA) for the development of the Ororo Field in Nigeria. The signing of the JOA will enable Sirius transition from an investing company to an operating company and as such Sirius is required under the AIM Rules to seek shareholder approval and re-admission of its ordinary shares to trading on AIM pursuant to AIM Rule 14.
In view of the above, Sirius has requested for a temporary suspension in the trading of its ordinary shares pending the publication of an Admission Document (Admission Document) containing a notice of General Meeting.
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