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21.02.2025 12:44:47

EQS-Adhoc: RIXX Invest AG: RIXX Invest AG Resolves Strategic Realignment - Transformation into Innovative Value-Add Investor

EQS-Ad-hoc: RIXX Invest AG / Key word(s): Strategic Company Decision
RIXX Invest AG: RIXX Invest AG Resolves Strategic Realignment - Transformation into Innovative Value-Add Investor

21-Feb-2025 / 12:44 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


Ad Hoc Announcement

RIXX Invest AG Resolves Strategic Realignment - Transformation into Innovative Value-Add Investor

Disclosure of Inside Information pursuant to Article 17 of EU Regulation No. 596/2014

Berlin, 21 February 2025 12:15 CET: RIXX Invest AG, Kurfuerstendamm 194, 10707 Berlin, listed on the Open Market of Duesseldorf Stock Exchange (ISIN: DE000A3H2341), announces:

The Supervisory Board of RIXX Invest AG has unanimously resolved the strategic realignment of the company in its extraordinary meeting. RIXX Invest AG will transform from a pure oil and gas producer into an innovative value-add investor.

The new strategy is based on four business segments:

  1. Further expansion of the existing oil and gas business in Texas (currently 40+ active wells)
  2. Implementation of energy self-sufficient crypto mining utilising flare gas from own production sites
  3. Development of a value-add real estate portfolio
  4. Establishment of a venture capital segment

The implementation of the strategy commences immediately with the installation of the first mining containers at the production sites in Texas. Simultaneously, the systematic development of the new business segments in real estate and venture capital will begin.

The growth strategy shall be financed through a combination of traditional and innovative financing instruments.

The Management Board expects a significant increase in the company's earning power through the realignment, particularly due to synergy effects between the business segments and the cost-efficient utilisation of flare gas for crypto mining.

About RIXX Invest AG

RIXX Invest AG is a publicly listed investment company headquartered in Berlin. Through its subsidiary Rattlesnake Oil & Gas, the company operates oil and gas production in Texas, USA. With the resolved strategic realignment, RIXX Invest AG is developing into an innovative value-add investor with business segments in natural resource production, crypto mining, real estate and venture capital.

Contact

For further information, please contact: RIXX Invest AG Kurfürstendamm 194, 10707 Berlin Deutschland, Telefon: +49 30 1234567 Email: info@rixx-invest.de

Disclaimer: This publication contains forward-looking statements that are subject to certain risks and uncertainties. Actual results may differ significantly from those forecasted.

 

End of the ad-hoc announcement

 

 

 



End of Inside Information

21-Feb-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: RIXX Invest AG
Kurfürstendamm 194
10707 Berlin
Germany
Phone: +49 30 629319872
Fax: +49 30 629319873
E-mail: info@rixx-invest.com
Internet: https://rixx-invest.com/
ISIN: DE000A3H2341
WKN: A3H234
Listed: Regulated Unofficial Market in Dusseldorf (Primärmarkt)
EQS News ID: 2089825

 
End of Announcement EQS News Service

2089825  21-Feb-2025 CET/CEST

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