Coro Energy PLC (AIM:CORO) told investors it intends to add an additional board member by July 5.
As a result, once appointed, the board will return to being ‘in quorate’. In the meantime, it noted that it will be unable to publish the company's annual report and accounts for the year ended December 31, 2023, by June 30 as initially planned.
The board's first business after the new director's appointment will be to review and conclude the 2023 annual report and it will be published in July.
Consequently, the trading of the company’s shares will continue to be suspended on the AIM Market of the London Stock Exchange until then.