TIDMKOD

RNS Number : 7119D

Kodal Minerals PLC

02 February 2018

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR")

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

2 February 2018

Kodal Minerals plc ('Kodal Minerals' or 'the Company')

Bougouni Lithium Project - New Conventions Licence Awarded

Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to provide this update on the Company's concessions at the Bougouni Lithium Project in Southern Mali ("Bougouni" or the "Project").

As announced on 18 January 2018 and earlier on 13 December 2017, the Company had filed new applications over two new 100 square kilometre licences covering the high priority areas within the Kolassokoro area (the "Project Area") directly in the name of its Malian subsidiary, Future Minerals SARL. The Company now confirms it has received fully signed "conventions" granting the Company exclusive exploration rights to the Project Area. In addition, the Company has immediately moved to apply for "Arretes" over the Project Area, that will affirm the Company's rights and ensure title for an initial three year period with rights for two renewals of two years each.

**ENDS**

For further information, please visit www.kodalminerals.com or contact the following:

 
 Kodal Minerals plc 
  Bernard Aylward, CEO                      Tel: +61 418 
                                            943 345 
 Allenby Capital Limited, AIM Nominated 
  Adviser                                   Tel: 020 3328 
  Jeremy Porter/Nick Harriss                5656 
 SP Angel Corporate Finance LLP, 
  Financial Adviser & Broker                Tel: 020 3470 
  John Mackay/Laura Harrison                0470 
 St Brides Partners Ltd, Financial 
  PR                                        Tel: 020 7236 
  Susie Geliher/Megan Dennison              1177 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

UPDUGUWWPUPRPUG

(END) Dow Jones Newswires

February 02, 2018 02:00 ET (07:00 GMT)

Kodal Minerals (LSE:KOD)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Kodal Minerals Charts.
Kodal Minerals (LSE:KOD)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Kodal Minerals Charts.