Edenville Energy PLC Final Payment to Lind (6191C)
22 Junio 2021 - 1:00AM
UK Regulatory
TIDMEDL
RNS Number : 6191C
Edenville Energy PLC
22 June 2021
22 June 2021
Edenville Energy Plc
("Edenville" or the "Company")
Final Payment to Lind
Edenville Energy Plc (AIM: EDL), the AIM quoted company
operating the Rukwa Coal Project in southwest Tanzania, is pleased
to announce it has now repaid in cash the full outstanding amount
of US$373,625 owing to Lind Partners LLC ("Lind") under the Funding
Agreement dated 6 November 2018, following the Company's recent
GBP2.48 million capital raise. The Company has no further
outstanding obligations to Lind.
Dr Jeff Malaihollo, Edenville's Chairman and acting CEO,
commented:
"It is pleasing that Edenville has now cleared its legacy debt
position utilising the Company's cash resources following the
recent placing. We look forward to announcing further updates as
Edenville progresses."
For further information please contact:
Edenville Energy Plc
Jeff Malaihollo - Chairman
& CEO +44 (0) 20 3934 6630
Strand Hanson Limited
(Financial and Nominated Adviser)
James Harris
Rory Murphy
Georgia Langoulant +44 (0) 02 7409 3494
Brandon Hill Capital Ltd
(Broker)
Oliver Stansfield
Jonathan Evans +44 (0) 20 7936 5200
IFC Advisory Limited
(Financial PR and IR)
Tim Metcalfe
Florence Chandler +44 (0) 20 3934 6630
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018.
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END
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