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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Edenville Energy Plc | LSE:EDL | London | Ordinary Share | GB00BN47NP32 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.25 | 14.00 | 14.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMEDL
RNS Number : 1267K
Edenville Energy PLC
05 July 2017
5 July 2017
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Tanzanian Legislative Changes
Edenville Energy plc (AIM: EDL) notes recently drafted legislation in Tanzania concerning natural resources projects. The legislation recommends changes to the legal framework governing the natural resources sector in Tanzania and Edenville will continue to monitor any changes that may affect the situation in relation to its Rukwa Coal Project (the "Project").
The Company would like to stress that Edenville has recently gone through a comprehensive and complete permitting process for the Project with both state and local government organisations, along with the local community, and has received widespread support to develop the Project to provide both energy and employment opportunities to the people of Tanzania.
The Project is moving forward rapidly in its development and employing a majority of local people and contractors. By the end of July 2017, management estimate that up to 30 personnel will be working at the site to mine coal and construct the wash plant which will beneficiate the coal.
The Company will provide further updates as appropriate over the coming weeks.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Edenville Energy Plc Jeff Malaihollo - Chairman +44 (0) 20 7652 Rufus Short - CEO 9788 Northland Capital Partners Limited (Nominated Adviser) Gerry Beaney +44 (0) 20 3861 David Hignell 6625 Optiva Securities Limited (Broker) Jeremy King +44 (0) 20 3137 Graeme Dickson 1902 IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring +44 (0) 20 3053 Heather Armstrong 8671
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 05, 2017 02:00 ET (06:00 GMT)
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