MeyGen signs ground-breaking deal to combine wind and tidal power output

Atlantis, a global leader in the tidal power sector, is pleased to announce that an agreement has been reached between the Company’s majority owned MeyGen project and a nearby wind farm development to facilitate access to the distribution grid for other renewable energy projects.  The first phase of the MeyGen project was recently connected to…

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MeyGen project energised at Ness of Quoys

Atlantis, a global leader in the tidal power sector, is pleased to announce a major technical milestone for its flagship MeyGen project in northern Scotland. The MeyGen project is now connected to the 33kV Ness of Quoys distribution network following the successful installation of one of the longest underground 33kV power export cables in the…

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Change of Registered Office

Atlantis, a global leader in the tidal power sector, announces that its Registered Office address has changed to 80 Raffles Place, Level 36, UOB Plaza 1, Singapore 048624. Enquiries: Atlantis Resources +44 (0)20 3727 1000 Tim Cornelius, Chief Executive Officer Simon Counsell, Chief Financial Officer Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418…

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Final Results for FYE 31 Dec 2015

ATLANTIS RESOURCES LIMITED (“Atlantis”, the “Company” or the “Group”) Final Results (Click here to download the full version including Chairman’s Statement and financials.) Atlantis Resources Limited, a vertically integrated turbine supplier and project owner in the tidal power industry, is pleased to announce its final results for the year ended 31 December 2015. The full…

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Agreement to develop 150MW of tidal energy in Indonesia with SBS INTL LTD (“SBS”)

Atlantis, a global leader in the tidal power sector, is pleased to announce that it has entered into a Memorandum of Understanding (the “Agreement”) with SBS, a privately owned international marine, subsea and renewable energy developer which has been studying the potential of ocean energy resources for tidal-stream devices around the Indonesian archipelago since 2013.…

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Placing and Trading Update

Atlantis Resources Limited (AIM: ARL, “Atlantis”, or the “Company”), a recognised global leader in the tidal power sector, has raised approximately £6.5 million before expenses through the conditional placing (“Placing”) of 11,888,460 new ordinary shares (the “Placing Shares”) at a placing price of 55 pence per share. Highlights Placing of approximately £6.5 million before expenses…

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Investment by DEME Concessions NV (“DEME”)

Atlantis, a global leader in the tidal power sector, is pleased to announce that it has agreed to sell a minority stake in Atlantis’s Scottish tidal development company, Tidal Power Scotland Limited (“TPSL”) to DEME for cash consideration, subject to satisfaction of certain conditions precedent (including procurement of third party consents and agreement with DEME…

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