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Aminex PLC - Ruvuma Farm-Out Update

RNS Number : 6562U
Aminex PLC
30 July 2020
 

30 July 2020

 

Aminex plc

("Aminex" or "the Company")

 

Ruvuma Farm-Out Update

Aminex announces that the parties to the Ruvuma Farm-Out Agreement have agreed to extend the long stop date for satisfaction of the conditions to the Farm-Out from 31 July 2020 to 31 August 2020.  Aminex and ARA Petroleum Tanzania Limited ("APT") continue to work closely with the Tanzanian Government to obtain approval for the Farm-Out.

Robert Ambrose, Executive Chairman of Aminex commented:

"We are grateful for ARA Petroleum's continued support to the Company as we all strive to close the Farm-Out."

The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

For further information:

 

Aminex PLC 

 

 

+44 20 3198 8415 

Robert Ambrose, Executive Chairman 

 

Davy 

+353 1 679 6363 

Brian Garrahy 

 

 

 

Camarco 

+44 20 3781 8331 

Billy Clegg / James Crothers / Daniel Sherwen 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Price: 0.575

Market: LSE
Market Cap: £21.68 m
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