Energy development company Shumba Energy has signed an option to acquire 75% of the Morupule South project from Hodge Resources.The Morupule project is located within the central eastern district of Botswana, directly to the south of the Morupule colliery. The project has a resource of 2.45 Bt JORC-compliant resources of which 380 Mt are in the measured and indicated categories.

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