Keras Resources PLC Nayéga Manganese Project Update in Togo (2462G)
November 24 2020 - 1:00AM
UK Regulatory
TIDMKRS
RNS Number : 2462G
Keras Resources PLC
24 November 2020
Keras Resources plc / Index: AIM / Epic: KRS / Sector:
Mining
24 November 2020
Keras Resources plc ('Keras' or the 'Company')
Nayéga Manganese Project Update in Togo
Keras Resources plc, the AIM listed mineral resource company, is
pleased to provide an update on progress at the Nayéga Manganese
Mine ('Nayéga') in Northern Togo, which is wholly owned by the
Company's 85% owned subsidiary, Société Générale de Mines
('SGM').
CEO Russell Lamming has recently returned from Lomé, Togo, where
he had meetings with key government officials. These included Ms.
Mila Aziablé, the Minister of Mines and Energy, and Ms. Kayi
Mivedor, the Minister of the newly formed Ministry of Investment
Promotion, which is focused on encouraging and enhancing investment
in Togo. Follow-up meetings were also held with state-owned Togo
Invest Corporation S.A. ('Togo Invest'), which is helping to assist
the permitting process at Nayéga.
Russell Lamming, CEO of Keras Resources, commented,
"Constructive meetings were undertaken with both the ministries of
Mines and Energy and Investment Promotion during my recent trip to
Togo; I expect to get feedback in the near term on what the pathway
to final permitting at Nayéga comprises.
"I am particularly encouraged with Togo Invest's endorsement of
Keras' investment in the country, which marks the start of a
constructive collaboration, in tandem with the creation of a
Ministry of Investment Promotion by the new Togo Government; both
are positive steps for the Nayéga Mine and Keras's further
investment. I look forward to updating shareholders once we have
further information related to permitting at Nayéga."
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of Russell Lamming, Chief Executive Officer. This
announcement contains inside information for the purposes of
Article 7 of Regulation (EU) 596/2014.
**ENDS**
For further information please visit www.kerasplc.com , follow
us on Twitter @kerasplc or contact the following:
Russell Lamming Keras Resources plc info@kerasplc.com
Nominated Adviser & Joint SP Angel Corporate Finance
Broker LLP
Ewan Leggat / Charlie Bouverat +44 (0) 20 3470 0470
Joint Broker Shard Capital Partners
Damon Heath / Erik Woolgar LLP +44 (0) 207 186 9900
Financial PR
Susie Geliher / Cosima
Akerman St Brides Partners Ltd +44 (0) 20 7236 1177
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END
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