Edenville Energy PLC Tanzania Update (9284Q)
March 03 2021 - 1:00AM
UK Regulatory
TIDMEDL
RNS Number : 9284Q
Edenville Energy PLC
03 March 2021
3 March 2021
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Tanzania Update
Edenville Energy Plc (AIM: EDL), the AIM quoted company
operating the Rukwa Coal Project in southwest Tanzania ("Rukwa")
provides the following operational update.
The Company continues to work with its strategic partner
Infrastructure and Logistics Tanzania Ltd ("ILTL") regarding the
proposed handover of operations at Rukwa and will provide
shareholders with a further update as soon as a formal handover
date has been agreed.
In the interim period, the Company continues to satisfy existing
contracts and is pursuing additional contracts with both existing
and potential customers.
In addition, the Company has received new East African enquiries
regarding power generation capacity and is continuing discussions
with the Tanzanian Government regarding a future power plant
development at Rukwa.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Edenville Energy P lc
Jeff Malaihollo - CEO & Chairman +44 (0) 20 3934 6630
SP Angel Corporate Finance LLP
(Nominated Adviser)
David Hignell
Charlie Bouverat +44 (0) 20 3470 0470
Brandon Hill Capital Ltd
(Broker)
Oliver Stansfield, Jonathan Evans +44 20 7936 5200
IFC Advisory Limited
(Financial PR and IR)
Tim Metcalfe
Florence Chandler +44 (0) 20 3934 6630
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END
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