REG - Contango HoldingsPLC - Award of EIA Certificate

Contango HoldingsAnnouncement

14/12/2022 07:45

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RNS Number : 6657J  Contango Holdings PLC  14 December 2022

 

 

Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources

 

14 December 2022

Contango Holdings Plc

("Contango" or the "Company")

 

Award of Environmental Impact Assessment Certificate

 

Contango Holdings Plc is pleased to advise that the Environmental Management
Agency ("EMA") of Zimbabwe has awarded the Environmental Impact Assessment
Certificate for the Company's Muchesu Coal Project, the in-country name for
the Lubu Coal Project ("Lubu").

 

The certificate, which was issued on 9 December 2022 and received by the
Company on 13 December 2022, has been awarded for the statutory two-year
period and is automatically renewed on an ongoing basis assuming continued
operations.

 

Carl Esprey, CEO of Contango, commented:

 

"Following regular consultations with the EMA over the last few years,
environmental approvals were always expected to be awarded for our planned
development of thermal coal, coking coal and coke at Lubu, however, it is
naturally a positive these approvals have now been formally granted. We will
continue to ensure the highest environmental standards are met with respect to
development at Lubu ahead of first coking coal production and sales next
quarter."

 

**ENDS**

 

For further information, please visit www.contango-holdings-plc.co.uk or
contact:

 

 Contango Holdings plc                   E: contango@stbridespartners.co.uk

 Chief Executive Officer

 Carl Esprey

 Tavira Financial Limited                T: +44 (0)20 7100 5100

 Financial Adviser & Broker

 Jonathan Evans

 St Brides Partners Ltd                  T: +44 (0)20 7236 1177

 Financial PR & Investor Relations

 Susie Geliher / Charlotte Page

 

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