REG - Contango HoldingsPLC - Formal Opening Ceremony for Lubu Coal Mine

Contango HoldingsAnnouncement

22/06/2023 07:00

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RNS Number : 5077D  Contango Holdings PLC  22 June 2023

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

22 June 2023

Contango Holdings PLC

('Contango' or the 'Company')

 

Formal Opening Ceremony for Lubu Coal Mine

 

Contango Holdings Plc, the London listed natural resource development company,
is pleased to advise the President of Zimbabwe, His Excellency Dr Emmerson
Mnangagwa, will be visiting the Company's flagship Lubu Coal Project on 21
July 2023. He will be joined by a number of senior Ministers, Zimbabwean
officials, domestic and international press, Contango's existing and potential
partners, as well as members of the Contango Board.

 

This will mark the formal opening of the Lubu Coal Project, following the
commencement of first washed coal last month.

 

Investors are welcome to attend the opening ceremony and those wishing to
attend are encouraged to contact contango@stbridespartners.co.uk, with details
of your shareholding.  The Company can assist with domestic transport from
Victoria Falls airport (the closest international airport to the mine site).

 

Carl Esprey, CEO of Contango, commented: "We are honoured that his Excellency
Dr Emmerson Mnangagwa, President of Zimbabwe, will provide a formal ceremonial
opening of Lubu next month. We have a world class resource, in excess of 2bn
tonnes of coal, which is now in production. It is our intention, along with
our partners, to establish a fully integrated operation, with a number of
different revenue streams.

 

"Investors that wish to visit the site are encouraged to get in touch so that
we can share our developments and demonstrate the significant potential
offered by the Lubu Coal Project. An updated corporate presentation will be
released in advance."

 

**ENDS**

 

 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

 

 

 

 

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