CGO Contango Holdings Plc

TIDMCGO

RNS Number : 6657J

Contango Holdings PLC

14 December 2022

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

14 December 2022

Contango Holdings Plc

("Contango" or the "Company")

Award of Environmental Impact Assessment Certificate

Contango Holdings Plc is pleased to advise that the Environmental Management Agency ("EMA") of Zimbabwe has awarded the Environmental Impact Assessment Certificate for the Company's Muchesu Coal Project, the in-country name for the Lubu Coal Project ("Lubu").

The certificate, which was issued on 9 December 2022 and received by the Company on 13 December 2022, has been awarded for the statutory two-year period and is automatically renewed on an ongoing basis assuming continued operations.

Carl Esprey, CEO of Contango, commented:

"Following regular consultations with the EMA over the last few years, environmental approvals were always expected to be awarded for our planned development of thermal coal, coking coal and coke at Lubu, however, it is naturally a positive these approvals have now been formally granted. We will continue to ensure the highest environmental standards are met with respect to development at Lubu ahead of first coking coal production and sales next quarter."

**ENDS**

For further information, please visit www.contango-holdings-plc.co.uk or contact:

 
 Contango Holdings plc                E: contango@stbridespartners.co.uk 
  Chief Executive Officer 
  Carl Esprey 
 
 Tavira Financial Limited             T: +44 (0)20 7100 5100 
  Financial Adviser & Broker 
  Jonathan Evans 
 
 St Brides Partners Ltd               T: +44 (0)20 7236 1177 
  Financial PR & Investor Relations 
  Susie Geliher / Charlotte Page 
 

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END

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December 14, 2022 02:35 ET (07:35 GMT)

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