Togo Update

RNS Number : 2215A

Keras Resources PLC

28 September 2020

 

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

28 September 2020

Keras Resources plc ('Keras' or the 'Company')

Togo Update

Keras Resources plc, the AIM listed mineral resource company, notes the resignation of the Togolese Prime Minister Komi Selom Klassou and his government.  The change in government, which has been expected since the election in February 2020, was delayed until now by the COVID-19 pandemic.

As announced on 25 September 2020, the Keras management team has enjoyed a series of constructive meetings in Lomé over recent weeks and the Board looks forward to continuing this process with the incoming government.  The change in government is a procedural process and the Directors do not expect it  to impact or undermine the significant progress that has been made in both Lomé and at the Nayéga Manganese Project. Management will remain in Togo for the rest of the week and the Company looks forward to updating shareholders in the near term with developments.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of Russell Lamming, Chief Executive Officer. This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

**ENDS**

For further information please visit  www.kerasplc.com , follow us on Twitter @kerasplc or contact the following:

Russell Lamming	Keras Resources plc	[e-mail]
Nominated Adviser & Joint Broker Ewan Leggat / Charlie Bouverat Joint Broker Damon Heath / Erik Woolgar	SP Angel Corporate Finance LLP Shard Capital Partners LLP	[phone] [phone]
Financial PR Susie Geliher / Cosima Akerman	St Brides Partners Ltd	[phone]

 

END

 

 

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