12 Jul 2017 07:00
12 July 2017
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Project Update
Edenville Energy plc (AIM: EDL) is pleased to provide an update on the construction phase of the Company's Rukwa Coal Project.
The coal wash plant has now been cleared through Tanzanian Customs and is being readied for transport to site. The Company expects it to start moving to site shortly and the plant is planned to arrive on site during the second half of July.
Following the completion of the required compensation to local farmers, earthworks are now commencing for the plant site along with clearing of the stage one pit area.
The newly purchased Volvo excavator is now in transit to site and will start work in the pit area after arrival.
As has previously been disclosed, substantial interest has been shown from prospective purchasers of our coal. Detailed discussions have been held with several groups wishing to take delivery of washed coal once produced.
Further updates will be given as work progresses.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
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Edenville Energy Plc Jeff Malaihollo - Chairman Rufus Short - CEO | +44 (0) 20 7652 9788 |
Northland Capital Partners Limited (Nominated Adviser) Gerry Beaney David Hignell
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+44 (0) 20 3861 6625 |
Optiva Securities Limited (Broker) Jeremy King Graeme Dickson
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+44 (0) 20 3137 1902 |
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong
| +44 (0) 20 3053 8671 |