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African Battery (POW)

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Thursday 20 June, 2019

African Battery

Botswana Conference Presentation - Kalahari Key

RNS Number : 8225C
African Battery Metals PLC
20 June 2019
 

RNS REACH

20 June 2019

 

African Battery Metals plc ("ABM" or the "Company")

Botswana Conference Presentation - Kalahari Key

 

African Battery Metals plc (LON:ABM) the AIM listed battery metal exploration and development company is pleased to advise that on 11 June 2019 Dr Roger Key MBE, Chief Executive Officer of Kalahari Key Mineral Exploration Pty Limited ("KKME"), presented at the Botswana Resource Sector Conference held in Gaborone, Botswana.

The conference website is available through the following link: https://www.capconferences.com/

The presentation was entitled "Exploration for Ni and PGMs in the Molopo Farms Complex's Feeder Zone" and the KKME presentation can be viewed through the following link:

https://www.capconferences.com/files/2019/06/Tuesday-11th-June-1120hrs-Roger-Key.pdf

 

ABM holds 18.26% of the issued share capital of KKME and KKME holds a 100% interest in the Molopo Farms Complex ("MFC") project in southern Botswana.  ABM also has the right until 31 December 2019 to elect to earn into a 40% direct project interest in the MFC project by expending USD$500,000 on the MFC project by 31 December 2020.  In total ABM would then have an effective economic interest of approximately 51% in the MFC project.

Further information in respect of the ABM Agreement with KKME is available from the announcement dated 13 May 2019, which is available through the following link:

https://www.abmplc.com/n/n104/acquisition-and-earn-in-agreement-botswana-project

 

For further information please visit https://www.abmplc.com/ or contact:

 

African Battery Metals plc

 

Paul Johnson (Executive Director)

+44 (0) 7766 465 617

SP Angel Corporate Finance (Nomad and Joint Broker)

 

Ewan Leggat

+44 (0) 20 3470 0470

 SI Capital Limited (Joint Broker)

Nick Emerson                                                                                                          +44 (0) 1483 413 500

 

 

Notes to Editors:

ABM is an AIM listed, Africa focused, resource company exploring for the key metals used in next generation batteries that fuel the new electric vehicle revolution. The Board and team of advisors, who have proven expertise in African exploration, mining and project generation, have identified an opportunity to utilise the Company's position to become a leader in the London market for investors to gain exposure to the battery metal commodity suite, particularly cobalt, lithium, copper and nickel. 


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 [email protected] or visit www.rns.com.
 
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