Curzon Energy (LSE:CZN) - CVA

Curzon Energy (LSE:CZN), a global energy company focused on US based natural gas projects, has filed a CVA proposal which provides for a restructuring of the business in order to eliminate existing liabilities of approximately £3.2 million.

The terms of the CVA provide for creditors to receive (i) a cash payment and (ii) the issue of convertible loan notes. The meeting to vote on the CVA will be held on 5 September.

Antony Batty & Co is the CVA administrator.

John Bolitho, Andrew Jones and Michelle Jones as trustees of the Yewtree Design & Build LTD SSAS have a registered charge against the company.