3 October 2019
Armadale Capital Plc ('Armadale' or 'the Company')
New Corporate Presentation
Armadale Capital plc (LON:ACP), the AIM quoted investment company focused on natural resource projects in Africa, is pleased to confirm that the Company has prepared a new corporate presentation which can be viewed on Armadale's website via the following link: https://bit.ly/2ozPBkq.
**ENDS**
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Enquiries: |
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Armadale Capital Plc Paul Johnson, Non-Executive Director (UK) Tim Jones, Company Secretary |
+44 (0) 20 7236 1177 |
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Nomad and broker: FinnCap Ltd Christopher Raggett / Max Bullen-Smith |
+44 (0) 20 7220 0500 |
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Joint Broker: SI Capital Ltd Nick Emerson |
+44 (0) 1483 413500 |
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Press Relations: St Brides Partners Ltd Isabel de Salis / Juliet Earl |
+44 (0) 20 7236 1177 |
Notes
Armadale Capital Plc is focused on investing in and developing a portfolio of investments, targeting the natural resources and/or infrastructure sectors in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement.
The Company owns the Mahenge Liandu graphite project in south-east Tanzania, which is now its main focus. The Project is located in a highly prospective region with a high-grade JORC compliant Indicated and inferred mineral resource estimate of 51.1Mt @ 9.3% TGC, making it one of the largest high-grade resources in Tanzania, and work to date has demonstrated Mahenge Liandu's potential as a commercially viable deposit with significant tonnage, high-grade coarse flake and near surface mineralisation (implying a low strip ratio) contained within one contiguous ore body.
Other assets Armadale has an interest in, include the Mpokoto Gold project in the Democratic Republic of Congo and a portfolio of quoted investments.
More information can be found on the website www.armadalecapitalplc.com.
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