MetalNRG PLC Lake Victoria Gold interest Update
14 Agosto 2023 - 3:00AM
RNS Non-Regulatory
TIDMMNRG
MetalNRG PLC
14 August 2023
14 August 2023
MetalNRG plc
(the "Company" or "MetalNRG")
Lake Victoria Gold interest update
MetalNRG plc (LON:MNRG), the natural resources and energy
company, informs the market that Lake Victoria Gold Ltd has
informed it of the following proposed transaction.
Tembo Gold Corp. (TSXV: TEM) has announced that it has entered
into a Licences Purchase Agreement dated August 9th, 2023 with Lake
Victoria Gold Ltd. ("LVG"), a private Australian company in which
MetalNRG has a minority equity interest, pursuant to which Tembo
Gold will acquire, indirectly through its wholly-owned subsidiary
Tembo Gold Tanzania Limited, LVG's Imwelo Gold Project in
Tanzania.
The offer is conditional on a number of conditions precedent,
that are being worked through by the relevant parties. The detailed
announcement from Tembo Gold can be accessed via the link
below.
Tembo Gold Announces Transformative Acquisition and Landmark
Investment from Tanzanian Strategic Investor | Tembo Gold Corp. |
TSX.V - TEM
- Ends -
For further information, please contact:
MetalNRG PLC:
Rolf Gerritsen +44 (0) 207 796 9060
------------------------------
Christopher Latilla-Campbell +44 (0) 207 796 9060
------------------------------
Peterhouse Capital Limited - Joint Broker:
Lucy Williams + 44 (0) 207 469 0930
-------------------------------
Duncan Vasey + 44 (0) 207 469 0930
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S I Capital Limited - Joint Broker:
Nick Emerson +44 (0) 1483 413500
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END
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