Source - RNS
RNS Number : 0986L
Kodal Minerals PLC
17 April 2018
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR") 

 

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

 

17 April 2018

 

Kodal Minerals plc ('Kodal Minerals' or 'the Company')

 

Bougouni Lithium Project - Confirmation of new licences

 

Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to provide an update on the Company's concessions at the Bougouni Lithium Project in Southern Mali ("Bougouni" or the "Project").

 

As announced on 2 February 2018, the Company had received fully signed "conventions" in respect of applications over two new 100 square kilometre licences covering the high priority areas within the Kolassokoro area (the "Project Area") directly in the name of its Malian subsidiary, Future Minerals SARL.  The Company confirms it has now received fully executed "Arretes" over the Project Area, that ensure exploration rights for an initial three-year period with rights for two renewals of two years each.

 

**ENDS**

 

For further information, please visit www.kodalminerals.com or contact the following:

 

Kodal Minerals plc

Bernard Aylward, CEO

 

Tel: +61 418 943 345

 

Allenby Capital Limited, AIM Nominated Adviser

Jeremy Porter/Nick Harriss

 

 

Tel: 020 3328 5656

SP Angel Corporate Finance LLP, Financial Adviser & Broker

John Mackay/Laura Harrison

 

 

Tel: 020 3470 0470

St Brides Partners Ltd, Financial PR

Susie Geliher/Megan Dennison

 

 

Tel: 020 7236 1177

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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