TIDMCGO

RNS Number : 5925F

Contango Holdings PLC

08 November 2022

Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources

8 November 2022

Contango Holdings Plc

("Contango" or the "Company")

New Corporate Presentation - Becoming a Fully Integrated Producer of Coke

Contango Holdings Plc, the London listed natural resource company developing the Lubu Coal Project in Zimbabwe ("Lubu Project"), is pleased to announce that an updated corporate presentation is now available on the Company's website www.contango-holdings-plc.co.uk . The presentation details the Company's recent developments at its Lubu Coal Project, including its three-phase strategy comprising sales of coking coal and thermal coal, and manufacturing coke.

Following the Company's recent GBP7,500,000 fundraising, Phase 1 of the strategy is fully funded, and first coking coal sales are expected before the end of Q4 2022. Phase 1B and 2 to be funded from a mix of internal cash generated and offtake financing.

**ENDS**

For further information, please visit www.contango-holdings-plc.co.uk or contact:

 
 Contango Holdings plc                E: contango@stbridespartners.co.uk 
  Chief Executive Officer 
  Carl Esprey 
 
 Tavira Financial Limited             T: +44 (0)20 7100 5100 
  Financial Adviser & Broker 
  Jonathan Evans 
 
 St Brides Partners Ltd               T: +44 (0)20 7236 1177 
  Financial PR & Investor Relations 
  Susie Geliher / Charlotte Page

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(END) Dow Jones Newswires

November 08, 2022 02:00 ET (07:00 GMT)

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