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Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company

Armadale Capital Plc ('Armadale' or 'the Company')

AGM Statement

Armadale Capital plc (LON: ACP) the AIM quoted investment company focused on natural resource projects in Africa, held its annual general meeting ('AGM') today and all resolutions were duly passed.

**ENDS**

For further information, please visit the Company's website www.armadalecapitalplc.com, follow Armadale on Twitter @ArmadaleCapital or contact:

 
Enquiries: 
Armadale Capital Plc                       +44 (0) 20 7236 1177 
Paul Johnson, Non-Executive Director (UK) 
Tim Jones, Company Secretary 
Nomad and broker: finnCap Ltd              +44 (0) 20 7220 0500 
Christopher Raggett / Max Bullen-Smith 
Joint Broker: SI Capital                   ++44 (0) 1483 413500 
Nick Emmerson 
Press Relations: St Brides Partners Ltd    +44 (0) 20 7236 1177 
Isabel de Salis / Juliet Earl

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190627005401/en/

 
This information is provided by Business Wire

(END) Dow Jones Newswires

June 27, 2019 07:15 ET (11:15 GMT)

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