DAVY VIEW

Corre Energy has announced that Rune Eng has resigned from his position as non-executive director and Interim Chair. We had previously anticipated that Eng would remain as Interim Chair through to at least the completion of the company’s strategic investment process, when a broader Board re-composition would be considered. Separately, Corre has also confirmed that it is engaging with significant shareholders to secure the working capital required to fund the company through to the completion of the strategic investment process that could now extend out beyond September.