HYON signs Share Purchase Agreement with Blue Concept Ltd.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Oslo, Norway, 31 March 2024 – Hyon AS ("HYON") has signed a Share Purchase Agreement ("SPA") with Blue Concept Ltd. ("Blue Concept") for the acquisition of 19.5% of the shares in Rapid Oil Production Ltd., ("Rapid") a UK-based oil & gas company. · The agreement closes the strategic review process initiated by the board of directors of HYON within Q1 2024 as previously