SGN Solgenics Limited

TIDMNCCL

RNS Number : 2013L

Ncondezi Energy Limited

21 December 2018

News Release

Updated Project Presentation

21 December 2018: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) has uploaded an updated Investor Presentation for December 2018 on the company website, www.ncondezienergy.com.

The presentation has been drafted in conjunction with the Company's power advisors, Synergy Consulting Infrastructure and Financial Advisory Services Inc. and represents the current status of the Project.

Enquiries

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

 
 Ncondezi Energy:              Hanno Pengilly                   +27 (0) 71 362 3566 
 
   Liberum Capital Limited:    Christopher Britton / Richard    +44 (0) 20 3100 
   NOMAD & Joint 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCGMMZZGGLGRZZ

(END) Dow Jones Newswires

December 21, 2018 02:00 ET (07:00 GMT)

Solgenics (LSE:SGN)
Historical Stock Chart
From Apr 2024 to May 2024

Solgenics (LSE:SGN)
Historical Stock Chart
From May 2023 to May 2024