TIDMBRES

RNS Number : 8940L

Blencowe Resources PLC

05 May 2020

   Date: 05 May 2020                                        Blencowe Resources Plc

("Blencowe" or the "Company")

New Research Initiation

Blencowe Resources, the recently relisted natural resources company focused on development of the Orom-Cross Graphite Project in Uganda, is pleased to advise that Align Research has today initiated research coverage on the Company.

The initiation piece covers both an overview of operations and a review of the broader graphite market and sets an initial target price for the Company of 18.1p per share.

The research has been placed on the Company's website and can be found here:

https://blencoweresourcesplc.com/analyst-coverage/

For further information please contact:

 
 Blencowe Resources Plc 
  Cameron Pearce / Mike Ralston 
  Sam Quinn                            www.blencoweresourcesplc.com 
                                       Tel: +44 (0)1624 681 250 
                                       info@blencoweresourcesplc.com 
Brandon Hill Capital Limited 
 Jonathan Evans (Corporate Finance)    Tel: +44 (0)20 3463 5000 
                                       jonathan.evans@brandonhillcapital.com

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END

MSCUSVARRAUVRUR

(END) Dow Jones Newswires

May 05, 2020 05:21 ET (09:21 GMT)

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