Curzon Energy PLC said Friday that the exclusivity period for a reverse takeover of the company by recycling-technology company Poseidon Enhanced Technologies has been extended to July 1 from June 1.
London-listed Curzon said both parties continue to conduct due diligence on each other.
Curzon in February executed a letter of intent with Poseidon Enhanced Technologies, and the exclusivity period has been extended several times since then.