TIDMNCCL

RNS Number : 7645X

Ncondezi Energy Limited

28 November 2017

News Release

Result of AGM

28 November 2017: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) announces that, at the Annual General Meeting ("AGM") of the Company held today, all resolutions were duly passed on a poll.

Enquiries

For further information please visit www.ncondezienergy.com or contact:

 
                                               +27 (0) 71 362 
 Ncondezi Energy:     Hanno Pengilly            3566 
 
   Liberum Capital 
   Limited: 
   NOMAD & Joint      Neil Elliot / Richard    +44 (0) 20 3100 
   Broker              Crawley                  2000 
 Novum Securities 
  Limited                                      +44 (0) 20 7399 
  Joint Broker        Colin Rowbury             9427 
 

Ncondezi owns 100% of the Ncondezi Project which is strategically located in the power generating hub of the country, the Tete Province in northern Mozambique. The Company is developing an integrated thermal coal mine and power plant in phases of 300MW up to 1,800MW. The first 300MW phase is targeting domestic consumption in Mozambique using reinforced existing transmission capacity to meet current demand.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 28, 2017 10:45 ET (15:45 GMT)

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