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| Date | 17 Feb 2022 |
| Time | 13:30:06 |
| Category | Corporate updates |
| ID | 0417C |
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:
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Contango Holdings plc Chief Executive Officer Carl Esprey |
E: contango@stbridespartners.co.uk |
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Tavira Securities Limited Financial Adviser & Broker Jonathan Evans |
T: +44 (0)20 7100 5100 |
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St Brides Partners Ltd Financial PR & Investor Relations Susie Geliher / Charlotte Page |
T: +44 (0)20 7236 1177 |