Brief: Contango Holdings - New Offtake Arrangement And Operational Update

Contango Holdings

10/07/2023 07:33

July 10 (Reuters) - Contango Holdings PLC  CGO.L :
    * CONTANGO HOLDINGSPLC  - NEW OFFTAKE ARRANGEMENT AND
OPERATIONAL
UPDATE
    * CONTANGO - ENTERED NEW OFFTAKE ARRANGEMENT WITH TRANSORE
INTL
FZE FOR SALE OF UP TO 20,000 TONNES/MONTH OF WASHED COKING COAL
FROM LUBU PROJECT
    * CONTANGO HOLDINGS PLC - EXPECTS TO REPORT FIRST SALES
UNDER ITS
OFFTAKE ARRANGEMENT WITH TRANSORE IN AUGUST 2023
    * CONTANGO HOLDINGS PLC - HAS RAISED £1.5 MILLION FROM A
NUMBER OF
EXISTING STAKEHOLDERS THROUGH AN UNSECURED AND NON-CONVERTIBLE
BRIDGING LOAN

Source text for Eikon:  ID:nRSJ4763Fa 
Further company coverage:  CGO.L 

 ((Reuters.Briefs@thomsonreuters.com;))