REG - Aminex PLC - Ruvuma PSA

AminexAnnouncement

01/09/2022 11:00

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RNS Number : 9527X  Aminex PLC  01 September 2022

1 September 2022

 

Aminex plc

("Aminex" or "the Company")

 

Ruvuma PSA

Aminex notes yesterday's announcement from Scirocco Energy plc ("Scirocco")
announcing the successful exercise by ARA Petroleum Tanzania Limited ("APT")
of its pre-emption rights to purchase Scirocco's 25% interest in the Ruvuma
PSA by the entering into of binding agreements between Scirocco and APT.

The Company is delighted that the operator of Ruvuma, APT, wishes to increase
its participating interest in the Ruvuma PSA, confirming Aminex and APT's
confidence in the quality and value of the Ruvuma asset.

 

Charlie Santos, Executive Chairman of Aminex, commented:

"We are delighted that there is so much interest in Ruvuma, which we consider
a world-class asset.  Moreover, the growing interest in Ruvuma signals the
importance of the development of this major asset to Tanzania."

 

 For further information:

 Aminex PLC                          +44 20 3355 9909
 Charles Santos, Executive Chairman

 Davy                                +353 1 679 6363
 Brian Garrahy

 Shard Capital Partners              +44 20 7186 9952
 Damon Heath

 

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