21 May 2018 16:00
Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company
21 May 2018
Armadale Capital Plc (‘Armadale’ or ‘the Company’)
Statement re: Change of registered address
Armadale, the AIM quoted investment company focused on natural resource projects in Africa, announces that the Company’s registered offices have changed to 1 Arbrook Lane, Esher, Surrey, KT10 9EG with immediate effect.
**ENDS**
Enquiries: | |||
Armadale Capital Plc Tim Jones, Company Secretary | +44 20 7236 1177 | ||
Nomad and broker: finnCap Ltd Christopher Raggett / Simon Hicks | +44 20 7220 0500 | ||
Joint Broker: SVS Securities Tom Curran / Ben Tadd | +44 20 3700 0093 | ||
Press Relations: St Brides Partners Ltd Susie Geliher / Charlotte Page | +44 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
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