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Edenville Energy PLC - London-based thermal coal developer, focused on brownfield Rukwa coalfields in western Tanzania - Successfully defends claim from former employees relating to unfair dismissal as a result of Covid-19. ‘The judgement by the court in Tanzania found in the company’s favour and rejected the employees claim in its entirety,’ Edenville says. Earlier this month, Edenville said it had raised £400,000 through the issue of shares, to provide additional working capital and to provide sufficient fund to meet any adverse judgements as a result of legal claims.
Current stock price: 7.80 pence, up 0.7% in London
12-month change: down 69%
By Sophie Rose, Alliance News reporter
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