Edenville’s Tanzanian subsidiary enters into $1m loan agreement

Aim-listed Edenville Energy’s subsidiary, Edenville International (Tanzania) Limited (EITL), has entered into a $1-million loan agreement with its strategic partner, privately owned, Tanzanian incorporated company Infrastructure and Logistics Tanzania Limited (ILTL). This follows on a recently announced coal mining agreement (CMA) with ILTL, which provides for a fixed rate mining and processing contract at the Rukwa coal project in southwest Tanzania.