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Edenville notes proposed Tanzanian legislative changes

By BFN News | 08:18 AM | Wednesday 05 July, 2017


Edenville Energy has noted recently drafted legislation in Tanzania which recommends changes to the legal framework governing the natural resources sector. Edenville said it would continue to monitor any changes that may affect the situation in relation to its Rukwa coal project but stressed that it had recently gone through a comprehensive and complete permitting process for the project with both state and local government organisations, along with the local community. The company said it had received widespread support to develop the project to provide both energy and employment opportunities to the people of Tanzania. It said the project was moving forward rapidly in its development and employing a majority of local people and contractors. At 8:18am: (LON:EDL) Edenville Energy PLC share price was -0.01p at 0.76p Story provided by StockMarketWire.com

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