("TXO" or the "Company")
Response to investor speculation
The board of TXO notes certain investor website comments regarding one of TXO's investee companies, Empire Energy Corporation International ("Empire") (Pink Sheets: EEGC.pk) and wishes to clarify that a winding up order has been filed at the Court in Tasmania in relation to a creditor action concerning an Empire subsidiary, Great South Land Minerals Ltd ("GSLM"). That order provides for a review of its provisions by certain interested parties.
The board of TXO anticipates Empire to provide a clarifying announcement as soon as is possible. The TXO board will then update TXO shareholders and a further announcement will be made accordingly.
For further information, please contact:
TXO PLC +44 (0)20 7493 8820
Tim Baldwin, Chairman
Fox-Davies Capital Limited +44 (0)20 3463 5010