African Alliance invests in CBM power venture

The investment, which will see African Alliance holding a 6.5% stake in the fledging energy company, is subject to Tlou listing on the Botswana Stock Exchange (BSE) next month.

Tlou which is already listed in Australia (ASX) and London (AIM), has the most advanced Coal Bed Methane (CBM) project in Botswana with its the Lesedi Project in the central district benefitting from an independently certified Contingent Gas Resources of 3.2 trillion cubic feet (3C) and independently certified Gas Reserves of 261 billion cubic feet (3P).