Kodal Minerals PLC Bougouni Project - New Conventions Licence Awarded (7119D)
February 02 2018 - 1:00AM
UK Regulatory
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
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