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.  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

Chief Executive Officer

Carl Esprey

E: contango@stbridespartners.co.uk 

 


Tavira Financial Limited

Financial Adviser & Broker

Jonathan Evans

T: +44 (0)20 7100 5100

 


St Brides Partners Ltd

Financial PR & Investor Relations

Susie Geliher / Charlotte Page

T: +44 (0)20 7236 1177

 

 

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