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Project Update

27 May 2015 07:01

RNS Number : 2921O
Edenville Energy PLC
27 May 2015
 

 

27 May 2015

Edenville Energy plc

("Edenville" or the "Company")

Project Update

Edenville Energy plc (AIM: EDL), the company focussed on generating new sources of coal-based energy in southern Tanzania, is pleased to provide an update concerning the Company's Rukwa Coal Project.

 

Further to the announcement on 18 May 2015, Shandong Electric Power Construction No.2 Company ("SEPCO2"), having had meetings with the Edenville management team and undertaken their review of information provided by the Company, will be carrying out a site visit to the Company's Rukwa Coal Project in July to further evaluate partnership opportunities with Edenville. The visit is also planned to include meetings with Tanzanian government organisations relevant to the project, such as Tanesco and MEM, along with other project suppliers and contractors.

 

The Company is working closely with SEPCO2 to ensure the visit provides the information they require and that meaningful progress can be made. Further announcements will be made as appropriate.

 

Rufus Short, CEO of Edenville commented, "We are very encouraged by SEPCO2's continued involvement and rapid movement forward to a site visit and detailed talks in Tanzania. After extensive access to our dataroom, SEPCO2 continue to approach the project in a professional manner and it is a pleasure to work alongside them. We will continue to update our shareholders as appropriate."

 

 

Contact

 

Edenville Energy Plc

Rufus Short - CEO

+44 (0) 20 7652 9788

Cantor Fitzgerald Europe

(Nominated Advisor and Corporate Broker)

Stewart Dickson

Jeremy Stephenson

 

+44 (0) 20 7894 7000

IFC Advisory

(Financial PR and IR)

Tim Metcalfe

Graham Herring

+44 (0) 20 3053 8671

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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