Restoration of Trading
Trading in CGO shares restored to Main Market following suspension and publication of annual report.
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Contango Holdings Plc, a company focused on unlocking value from the +2 billion tonne Muchesu coal project in Zimbabwe ("Muchesu"), advises that following the publication of the Company's Annual Report for the year ending 31 May 2024 on 22 November 2024 and an application by the Company for the suspension to be lifted, the Company's shares will be restored to the Equity Shares (Transition) category of the Official List and to trading on the Main Market of the London Stock Exchange today.
The Company provided an operational, financial and corporate update on 29 November 2024 that contains a detailed overview on current matters the Company are progressing.
Carl Esprey, CEO Of Contango, commented,
"I am pleased to confirm the recommencement of trading, which also coincides with a number of positive developments at Muchesu, including the commencement of operations through the recently installed 3,000 tonne per day Dense Media Separation plant and the expectation of our first royalty payment this month. I look forward to providing further updates as appropriate over the coming weeks."
| Contango Holdings plc Chief Executive Officer Carl Esprey | E: contango@stbridespartners.co.uk |
| Tavira Financial Limited Financial Adviser & Broker Jonathan Evans | T: +44 (0)20 7100 5100 |
| St Brides Partners Ltd Financial PR & Investor Relations Susie Geliher | T: +44 (0)20 7236 1177 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.