Quadrise PLC Morocco Project Update (8983R)

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RNS Number : 8983R

Quadrise PLC

31 October 2023

Quadrise Plc

("Quadrise" or the "Company")

Morocco Project Update

Quadrise Plc (AIM: QED), the supplier of innovative energy solutions for a cleaner planet, provides an update on its fuel trial in Morocco.

The industrial demonstration test (the "Trial") at the client site in Morocco is progressing well, with the replacement pump installed, commissioned and performing as designed. With final combustion optimisation tests now jointly planned for MSAR(R) and bioMSAR(TM), the Company anticipates that the Trial will conclude during November.

Quadrise will provide an update with regard to the results of the Trial once completed, and currently anticipates being able to do so prior to the Company's annual general meeting on 27 November 2023.

For additional information, please contact:

 
Quadrise Plc                                 +44 (0)20 7031 7321 
Andy Morrison, Chairman 
 Jason Miles, Chief Executive Officer 
 
Nominated Adviser 
Cavendish Capital Markets Limited            +44 (0)20 7220 0500 
Ben Jeynes 
Katy Birkin 
 
Joint Brokers 
 Shore Capital Stockbrokers Limited          +44 (0)20 7408 4090 
Toby Gibbs, Rachel Goldstein (Corporate 
 Advisory) 
Fiona Conroy (Corporate Broking) 
 
VSA Capital Limited 
 Andrew Raca (Corporate Finance) 
 Andrew Monk (Corporate Broking)             +44 (0)20 3005 5000 
 
Public & Investor Relations 
Vigo Consulting 
 Patrick D'Ancona 
 Finlay Thomson                              +44 (0)20 7390 0230

About Quadrise

Quadrise is the supplier of MSAR(R) and bioMSAR(TM) emulsion technology, fuels and biofuels, providing innovative solutions to reduce energy costs and greenhouse gas emissions today for clients in the global power generation, shipping, industrial and refining industries.

   Learn more at:   www.quadrise.com

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