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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Armadale Capital Plc | LSE:ACP | London | Ordinary Share | GB00BYMSY631 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.725 | 0.70 | 0.75 | 0.75 | 0.725 | 0.725 | 2,655,093 | 15:25:51 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Coal Mining Services | 0 | -206k | -0.0004 | -18.00 | 4.23M |
TIDMACP
Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company
30 June 2020
Armadale Capital Plc
('Armadale' or 'the Company')
AGM Statement
Armadale Capital plc (LON: ACP) the AIM quoted investment company focused on natural resource projects in Africa, held its annual general meeting ('AGM') today and all resolutions were duly passed.
**ENDS**
Enquiries: Armadale Capital Plc Nick Johansen, Non-Executive Director Tim Jones, Company Secretary +44 (0) 20 7236 1177 Nomad and broker: finnCap Ltd Christopher Raggett / Teddy Whiley +44 (0) 20 7220 0500 Joint Broker: SI Capital Ltd Nick Emerson +44 (0) 1483 413500 Press Relations: St Brides Partners Ltd Charlotte Page / Beth Melluish +44 (0) 20 7236 1177
Notes
Armadale Capital Plc is focused on investing in and developing a portfolio of investments, targeting the natural resources and/or infrastructure sectors in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement.
The Company owns the Mahenge Liandu graphite project in south-east Tanzania, which is now its main focus. The Project is located in a highly prospective region with a high-grade JORC compliant Indicated and inferred mineral resource estimate of 59.48Mt @ 9.8% TGC, making it one of the largest high-grade resources in Tanzania, and work to date has demonstrated Mahenge Liandu's potential as a commercially viable deposit with significant tonnage, high-grade coarse flake and near surface mineralisation (implying a low strip ratio) contained within one contiguous ore body.
Other assets Armadale has an interest in, include the Mpokoto Gold project in the Democratic Republic of Congo and a portfolio of quoted investments.
More information can be found on the website www.armadalecapitalplc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200630005420/en/
CONTACT:
Armadale Capital Plc
SOURCE: Armadale Capital Plc Copyright Business Wire 2020
(END) Dow Jones Newswires
June 30, 2020 05:30 ET (09:30 GMT)
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