Contango Holdings PlcLSE: CGO

Muchesu Opening Ceremony

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

19 July 2023

Contango Holdings PLC

("Contango" or the "Company")

Muchesu Opening Ceremony

The Board of Contango announces that further to the announcement on 22 June 2023, the Company has been advised by the President's office that due to unforeseen circumstances the agreed site visit by His Excellency Dr Emmerson Mnangagwa's to the Muchesu Mine has been rescheduled to 31 July 2023. Accordingly the formal opening ceremony will now take place on that date.

Mining and washing operations remain unaffected during this time and production is ramping up in line with the Company's plans.

An updated presentation detailing recent developments at Muchesu will be published on the Company's website this week in line with previous guidance.

Photos and videos of the mine opening ceremony will be uploaded to the Company's website and its official Twitter account (@ContangoPLC).

**ENDS**

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

T: +44 (0)20 7236 1177