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 |