REG - Contango HoldingsPLC - New Corporate Presentation

Contango HoldingsAnnouncement

08/11/2022 07:00

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RNS Number : 5925F  Contango Holdings PLC  08 November 2022

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

8 November 2022

Contango Holdings Plc

("Contango" or the "Company")

 

New Corporate Presentation - Becoming a Fully Integrated Producer of Coke

 

Contango Holdings Plc, the London listed natural resource company developing
the Lubu Coal Project in Zimbabwe ("Lubu Project"), is pleased to announce
that an updated corporate presentation is now available on the Company's
website www.contango-holdings-plc.co.uk
(http://www.contango-holdings-plc.co.uk) .  The presentation details the
Company's recent developments at its Lubu Coal Project, including its
three-phase strategy comprising sales of coking coal and thermal coal, and
manufacturing coke.

 

Following the Company's recent £7,500,000 fundraising, Phase 1 of the
strategy is fully funded, and first coking coal sales are expected before the
end of Q4 2022.  Phase 1B and 2 to be funded from a mix of internal cash
generated and offtake financing.

 

**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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