RNS Number : 8534O
Clean Energy Brazil PLC
25 September 2013




Clean Energy Brazil Plc

(the "Company")



Interim Dividend Payment



The Board of Directors of the Company is pleased to announce a dividend of 3.2 pence per share. The Dividend will be paid on 18 October 2013 to shareholders recorded on the register on 4 October 2013. The shares will be marked ex dividend on 2 October 2013.

massive volume/buying going on. Might b worth a punt the way some of these tiny dogs have been bagging of late (for no apparent reason)....

In for a punt on a hot potato..

Something is stirring her.

Company policy

The Board expects that investments will typically be held for the medium to long term, although short term disposal of assets cannot be ruled out if there is an opportunity to generate an attractive return for Shareholders. The Board will place no minimum or maximum limit on the length of time that any investment may be held. The Company may be both an active and a passive investor depending on the nature of the individual investment.

There is no limit on the number of projects into which the Company may invest, and the Company's financial resources may be invested in a number of propositions or in just one investment, which may be deemed to be a reverse takeover under the AIM Rules. The Directors intend to mitigate risk by appropriate due diligence and transaction analysis. Any transaction constituting a reverse takeover under the AIM Rules will also require Shareholder approval. The Board considers that as investments are made, and new promising investment opportunities arise, further funding of the Company may also be required.

Where the Company builds a portfolio of related assets it is possible that there may be cross holdings between such assets. The Company does not currently intend to fund any investments with debt or other borrowings but may do so if appropriate. Investments in early stage assets are expected to be mainly in the form of equity, with debt potentially being raised later to fund the development of such assets. Investments in later stage assets are more likely to include an element of debt to equity gearing. The Board may also offer new Ordinary Shares by way of consideration as well as cash, thereby helping to preserve the Company's cash for working capital and as a reserve against unforeseen contingencies including, for example, delays in collecting accounts receivable, unexpected changes in the economic environment and operational problems.

happy with 0.3 for easy dog money. Market cap wouldn't buy a terraced kennel in the ol smoke.

My dogs don't need terraced kennels, they sleep indoors on my sofas! I agree with what you say - must be worth a small punt at these prices.

came back to market on Thursday...no real change in the sp but I'm 150% up from when I went in before suspension....it's all looking though so I'm staying in for a while

moving higher earlier and now profit taking, will look ready at 61.8% retracement

Buyers are back as the retracement point was reached 0.625p

The marked down at the end was overdone as there was no trades for it.
so now all buyer and moving forward again already 0.645p

some useful info here for those interested.

https://northcoteenergyresearchblog.wordpress.com/indonesia/

0.69p +0.03p

MMs moving on everytrade

momentum is there, and MMs are short of stock after late Friday buying and no share price rise at one time

BREAKOUT

Now just gone as it went over the 0.73p previous intraday high to 0.735p

any profit taking and a new wave of buying, pushes the price higher

on a spread of 0.73 v 0.75p

paying now premium on above size 1.6M
10:26:07
0.76p
1,643,033

0.705p +0.045p

just like last Friday MMs brought the share price down to 61.8% fibonacci retracement 0.695p, before let it it go higher once again

Bullish all the way and volume is an extra point just now reaching the 50M of last Friday, over 3 and half hours to go yet

managing a good pull back by the end of the day on reaching 0.73p

BREAKOUT

0.765p
Lots of buying today and a new high for the stock

is a non stop trading for the stock today 75M and on record territory 0.83p +0.14 (+20.29%)

there was a delayed trade of 5M paying full price for the day 0.85p

Shaping up nicely... will stick around a bit longer

If you have not sold, then the directors did and spoiled your day
I did managed to sell mostly @ 0.80p but on being over size, had to keep some

rotten Barstewards, one has to called them, on doing such a thing on a new starting company and already selling.

Director Dealings

CEB Resources plc has been informed that directors Cameron Pearce and Jeremy King have today sold in aggregate a total of 20 million ordinary shares in the Company.

Cameron Pearce has sold 15,000,000 ordinary shares at an average price of 0.815 pence per share. Following the sale Mr Pearce has a total interest in the Company of 15,246,748 ordinary shares and 19,500,000 options.

Jeremy King has sold 5,000,000 ordinary shares at an average price of 0.83 pence per share. Following the sale Mr King has a total interest in the Company of 371,089 ordinary shares and 6,500,000 options.

After a couple days of profit taking after the wrong news, is on the up again by a long way 0.76p +0.11p