Last checked at 18 Oct 2019 07:00
Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company
18 October 2019
Armadale Capital Plc ('Armadale' or 'the Company')
Shareholder Webinar
Armadale Capital plc (LON: ACP), the AIM quoted investment group focused on natural resource projects in Africa, is pleased to announce that it will be holding a shareholder webinar hosted by ValueTheMarkets on Friday 25 October at 12pm (BST) to provide an update on the progress being made at its Mahenge Liandu Graphite Project and the next steps in the transition from explorer to emerging producer.
To access the webinar online please use the following link: https://vtm.clickmeeting.com/acp, or to access via telephone, please dial +44 (20) 7048 4146 and enter the participant pin 947223# when prompted to do so.
**ENDS**
Enquiries: |
|
Armadale Capital Plc Paul Johnson, Non-Executive Director (UK) Tim Jones, Company Secretary | +44 (0) 20 7236 1177 |
Nomad and broker: FinnCap Ltd Christopher Raggett / Max Bullen-Smith | +44 (0) 20 7220 0500 |
Joint Broker: SI Capital Ltd Nick Emerson | +44 (0) 1483 413500 |
Press Relations: St Brides Partners Ltd Isabel de Salis / Juliet Earl | +44 (0) 20 7236 1177 |
Notes
Armadale Capital Plc is focused on investing in and developing a portfolio of investments, targeting the natural resources and/or infrastructure sectors in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement.
The Company owns the Mahenge Liandu graphite project in south-east Tanzania, which is now its main focus. The Project is located in a highly prospective region with a high-grade JORC compliant Indicated and inferred mineral resource estimate of 51.1Mt @ 9.3% TGC, making it one of the largest high-grade resources in Tanzania, and work to date has demonstrated Mahenge Liandu's potential as a commercially viable deposit with significant tonnage, high-grade coarse flake and near surface mineralisation (implying a low strip ratio) contained within one contiguous ore body.
Other assets Armadale has an interest in, include the Mpokoto Gold project in the Democratic Republic of Congo and a portfolio of quoted investments.
More information can be found on the website www.armadalecapitalplc.com.