Edenville Energy plc (AIM: EDL) is pleased to provide an update on the construction phase of the Company's Rukwa Coal Project.
The coal wash plant has now been cleared through Tanzanian Customs and is being readied for transport to site. The Company expects it to start moving to site shortly and the plant is planned to arrive on site during the second half of July.
Following the completion of the required compensation to local farmers, earthworks are now commencing for the plant site along with clearing of the stage one pit area. The newly purchased Volvo excavator is now in transit to site and will start work in the pit area after arrival.
As has previously been disclosed, substantial interest has been shown from prospective purchasers of our coal. Detailed discussions have been held with several groups wishing to take delivery of washed coal once produced.
Further updates will be given as work progresses.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Edenville Energy Plc
Jeff Malaihollo - Chairman
Rufus Short - CEO
+44 (0) 20 7652 9788
Northland Capital Partners Limited
+44 (0) 20 3861 6625
Optiva Securities Limited
+44 (0) 20 3137 1902
(Financial PR and IR)
+44 (0) 20 3053 8671