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.