Edenville Energy PLC - London-based thermal coal developer, focused on brownfield Rukwa coalfields in western Tanzania - Successfully defends claim from former employees relating to unfair dismissal as a result of Covid-19. "The judgement by the court in Tanzania found in the company's favour and rejected the employees claim in its entirety," Edenville says. Earlier this month, Edenville said it had raised GBP400,000 through the issue of shares, to provide additional working capital and to provide sufficient fund to meet any adverse judgements as a result of legal claims.
Current stock price: 7.80 pence, up 0.7% in London
12-month change: down 69%
By Sophie Rose, Alliance News reporter
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