Edenville Energy PLC Rukwa Coal Project - Update (6551C)
April 19 2017 - 2:00AM
UK Regulatory
TIDMEDL
RNS Number : 6551C
Edenville Energy PLC
19 April 2017
19 April 2017
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Rukwa Coal Project - Update
Edenville Energy plc (AIM:EDL), is pleased to provide an update
on a key element of its Rukwa Coal Project in western Tanzania (the
"Project").
The Company is pleased to report that the coal wash plant, for
use at its Rukwa coal operations, has been delivered to port in the
UK, inspected and cleared by the appropriate authorities and is
ready for shipment to Tanzania. Loading onto vessels is currently
occurring. The first of the shipments is expected to leave the UK
on 20 April 2017 and take approximately six weeks to arrive in
Tanzania.
The cargo consists of 15 main containerised units which hold the
Parnaby drum, screens, conveyors, control cabin and other
associated pieces to complete the plant assembly.
The plant was fully inspected by an independent wash plant
consultant for suitability and condition prior to purchase. A new
spares package has also been purchased which will ensure critical
area components such as pumps are readily available should the need
arise.
Rufus Short, CEO of Edenville, commented: "I am very grateful
for the hard work and professionalism from the team preparing the
wash plant for shipment. They have been able to achieve this in
approximately one month, meeting the target to move the containers
to the port. After the wash plant leaves in April, the team will
follow the shipments to Tanzania to supervise the construction and
commissioning phases. The focus for this particular part of the
Project now moves to preparations on site and I look forward to
providing further updates on this as appropriate."
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
Heather Armstrong +44 (0) 20 3053
Miles Nolan 8671
This information is provided by RNS
The company news service from the London Stock Exchange
END
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