Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEDL.L Regulatory News (EDL)

  • There is currently no data for EDL

Mining Licence Update

6 Apr 2017 10:05

RNS Number : 7940B
Edenville Energy PLC
06 April 2017
 

6 April 2017

 

 

 

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

 

Mining Licence Update

 

Edenville Energy plc (AIM:EDL), the company developing a coal project in south west Tanzania, is pleased to announce the enlargement of Mining Licence ML362/2016 ("Mining Licence") has been completed with the amalgamation of the 14 Primary Mining Licence's located at Mkomolo. The enlarged Mining Licence covers 9.88km², with the Mkomolo coal measures selected for mining by the Company now being entirely held in this one continuous licence area under the name of Edenville International Tanzania Ltd.

 

Secondly, to the west of the enlarged Mining Licence, Prospecting Licence PL11342/2016 (the "Prospecting Licence") has been granted to the Company. The Prospecting Licence covers the remaining Mkomolo coal measures and allows the Company to carry out further exploration work as necessary, and if appropriate, incorporate these resources into an expanded mining plan around the development of a mine mouth power plant. The Prospecting Licence covers an area of 29.62km2 and can be referred to as the Nkasi block.

 

Rufus Short, CEO of Edenville, commented: "We are pleased this process has been completed which will allow the smooth expansion of the entire Mkomolo mining area. As previously stated we are in the process of developing the site which includes the construction of a coal washing plant that will be used to produce a range of coal products for local and regional use. We will continue to update the market on progress in the coming weeks."

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

For further information please contact:

 

Edenville Energy Plc

Jeff Malaihollo - Chairman

Rufus Short - CEO

+44 (0) 20 7652 9788

 

Northland Capital Partners Limited

(Nominated Adviser)

Gerry Beaney

David Hignell

 

 

+44 (0) 20 3861 6625

Optiva Securities Limited

(Broker)

Jeremy King

Graeme Dickson

 

+44 (0) 20 3137 1902

IFC Advisory

(Financial PR and IR)

Tim Metcalfe

Graham Herring

Heather Armstrong

Miles Nolan

+44 (0) 20 3053 8671

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUNRKRBSASRRR
Date   Source Headline
26th Nov 20137:00 amRNSEdenville Energy Strategy Update
22nd Oct 201311:49 amRNSGrant of Options
26th Sep 20138:43 amRNSHolding(s) in Company
24th Sep 20139:20 amRNSHolding(s) in Company
20th Sep 20137:01 amRNSHalf Yearly Report
20th Sep 20137:00 amRNSDirectorate Change
17th Sep 20138:00 amRNSDraw Down of Funds & Issue of Equity for drawdown
11th Sep 20137:00 amRNSEngagement of RAFCOGROUP & EIA Update
9th Sep 20137:00 amRNSRukwa Coal Project Scoping Study Results
30th May 201311:40 amRNSResult of AGM
7th May 20137:00 amRNSFinal Results
29th Apr 20138:57 amRNSHolding(s) in Company
22nd Apr 20138:23 amRNSDraw Down of Funds and Issue of Equity
22nd Apr 20137:00 amRNSOperational update
28th Mar 201311:51 amRNSHolding(s) in Company
27th Mar 20137:00 amRNS£5 million Financing Facility Agreed
26th Mar 20137:00 amRNSUpdated mineral resource estimate
19th Mar 20132:40 pmRNSHolding(s) in Company
7th Mar 20133:34 pmRNSHolding(s) in Company
5th Mar 20137:00 amRNSDirectorate Change
18th Feb 20137:00 amRNSAppointment of Non-Executive Director
13th Feb 20134:04 pmRNSHolding(s) in Company
21st Jan 20134:45 pmRNSHolding(s) in Company
15th Jan 201312:33 pmRNSHolding(s) in Company
10th Jan 20137:00 amRNSPositive drill results from the Muze deposit
27th Dec 20124:11 pmRNSHolding(s) in Company
26th Nov 20121:59 pmRNSHolding(s) in Company
21st Nov 20122:00 pmRNSHolding(s) in Company
16th Nov 20122:46 pmRNSExercise of Warrants
29th Oct 201212:04 pmRNSHolding(s) in Company
16th Oct 20124:01 pmRNSHolding(s) in Company
10th Oct 20129:08 amRNSHolding(s) in Company
8th Oct 20127:00 amRNSMkomolo Drill Results
2nd Oct 20127:00 amRNSChange of Adviser
19th Sep 20123:45 pmRNSHolding(s) in Company
17th Sep 20124:53 pmRNSHalf Yearly Report
28th Aug 20127:00 amRNSPositive Drill Results from the Rukwa Coal Project
20th Aug 20127:00 amRNSOption Exercised on Rukwa Coalfield Project
17th Aug 20124:53 pmRNSHolding(s) in Company
13th Aug 20129:45 amRNSInitial Mkomolo 2012 Drill Results
31st Jul 20127:00 amRNSRukwa Coalfield Update
12th Jul 20125:19 pmRNSHolding(s) in Company
4th Jul 201210:55 amRNSHolding(s) in Company
3rd Jul 20123:49 pmRNSHolding(s) in Company
3rd Jul 20127:00 amRNSNamwele Drilling Results
2nd Jul 20121:59 pmRNSHolding(s) in Company
27th Jun 20125:30 pmRNSHolding(s) in Company
27th Jun 201212:13 pmRNSResult of AGM
19th Jun 20122:30 pmRNSHolding(s) in Company
18th Jun 20123:57 pmRNSMuze Project Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.