Corcel PLC Mambare: Grant of Environmental Permit (5706Y)
May 13 2021 - 7:00AM
UK Regulatory
TIDMCRCL
RNS Number : 5706Y
Corcel PLC
13 May 2021
Corcel PLC
("Corcel" or the "Company")
Mambare : Grant of of Environmental Permit
13 May 2021
Corcel Plc, ("Corcel" or "the Company"), the natural resource
exploration and development company with interests in battery
metals and flexible grid solutions , announces that on the morning
of 13 May 2021 it was informed by its Joint Venture partner that it
has received the approval of the Environmental Permit Ep-L2 (708)
authorising the excavation of laterite ore deposit and DSO
operations at the Company's Mambare Nickel Cobalt project. The
approval is conditional, as is normal in PNG, on the activity
complying with the Environmental Act 2000 and its policy objectives
and on certain further plans and submissions being completed within
three months. This completes a long period of review by the PNG
Government since formal lodgement in December 2018.
For Further Information Contact:
Scott Kaintz 0207 747 9960 Executive Director Corcel Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Thomas Smith 020 7392 1432 Broker Monecor (London) Ltd (ETX
Capital)
Simon Woods 0207 3900 230 IR Vigo Communications
This announcement contains inside information under Article 7 of
Regulation (EU) 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under
Article 17 of MAR.
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