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Statement re Share Price

17th Feb 2022 13:30

RNS Number : 0417C
Contango Holdings PLC
17 February 2022
 

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

 

17 February 2022

Contango Holdings Plc

('Contango' or the 'Company')

 

Statement re Share Price

 

Contango Holdings Plc, the London listed natural resource development company developing the Lubu Coking Coal Project in Zimbabwe and the Garalo-Ntiela Gold Project in Mali, has noted today's share price movement and speculation of an imminent capital raise. The Company would like to advise shareholders that it is not contemplating a capital raise and remains fully funded to bring the Lubu Coking Coal Project into production by the end of the current quarter, following the previously announced £2.5 million placing in November 2021 (see RNS dated 18 November 2021 for further information).

 

**ENDS**

 

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

 

Contango Holdings plc

Chief Executive Officer

Carl Esprey

E: [email protected]

Tavira Securities 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

 

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END
 
 
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