Baobab Resources plc

Baobab Resources Plc (LON:BAO) ('Baobab' or the 'Company') is pleased to announce that it has signed a Memorandum of Understanding ('MOU') with Mozambique's state owned energy company, Electricidade de Moçambique ('EDM') to jointly commission a detailed network option study on the Tete Project's power requirements. The MOU signals a significant step towards developing and formalising a power purchase agreement with EDM.

Baobab Resources Plc (LON:BAO)is pleased to announce the continued support by its cornerstone shareholder, African Minerals Exploration & Development SICAR SCA ('the Fund'), through a significant investment at a 15% to the prevailing market.

Baobab announces that today an exploration update was made by Metals of Africa (ASX:MTA). An extract of the announcement is presented below and the full announcement is available on the Australian Stock Exchange website

Baobab Resources Plc (LON:BAO) ('Baobab' or 'the Company') is pleased to announce the appointment of Francis John ('Frank') Eagar as Chief Financial Officer and New Business Manager ('CFO') of the Company.

Baobab Resources Plc (LON:BAO) is pleased to announce that its Tete joint venture ('JV') partner, IFC, a member of the World Bank Group, has committed to supporting the on-going Definitive Feasibility Study (DFS) work programme through a pro rata contribution of approximately US$1,000,000.

Baobab Resources Limited (LON:BAO) through its wholly owned Mozambique subsidiary Capitol Resources Limitada is pleased to announce that it has signed a Joint Venture Heads of Agreement with Australian exploration company Auroch Minerals NL

Baobab (LON:BAO) announces that today an exploration update was made by Metals of Africa (ASX:MTA). An extract of the announcement is presented below and the full announcement is available on the Australian Stock Exchange website

Following Baobab Resources plc (LON:BAO) recent announcements regarding the engagement of Standard Chartered Bank as corporate advisors and the results of the PFS-level 2Mtpa pig iron production financial modelling, the Company's website has been updated to include relevant news articles and research reports.

Baobab Resources Plc (LON:BAO) is wholly focused in Mozambique where it is developing a pig iron and ferro-vanadium project in the Tete province (the 'Tete Project'), one of Africa's fastest growing mining centres. The International Finance Corporation ('IFC') holds a 15% participatory interest in the Tete Project.

Further to the completion of a Pre-Feasibility Study that outlined a compelling commercial case for investment), Baobab Resources Plc (LON:BAO) is pleased to announce that it has retained Standard Chartered Bank as its strategic corporate advisor. The Company is wholly focused in Mozambique where it is developing a pig iron and ferro-vanadium project in the Tete province, one of Africa’s fastest growing mining centres