SHUMBA ENERGY SIGNS HEADS OF AGREEMENT WITH MULILO FOR MEIPP DEVELOPMENT

Following the communiqué dated 25 February 2015, the directors of Shumba Coal Ltd are pleased to announce the execution of a Heads of Agreement (“HOA”) between the Company and Mulilo Renewable Project Developments (Pty) Ltd (“Mulilo”) for the joint development of the Mabesekwa Export Independent Power Plant (“MEIPP”) at the Mabesekwa Coal Project to take part in the South African Coal Base Load IPP programme. Read more

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