| Thu 10 Apr 2008, 14:39 | | CZA - Coal of Africa Limited - Section 708A(5)(e) |
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CZA
CZA
CZA - Coal of Africa Limited - Section 708A(5)(e) Notice
Coal of Africa Limited
(previously, "GVM Metals Limited")
(Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
Share code on the JSE Limited: CZA
ISIN AU000000CZA6
Share code on the Australian Stock Exchange Limited: CZA
ISIN AU000000CZA6
(`CoAL` or `the Company`)
SECTION 708A(5)(e) NOTICE
Coal of Africa Limited (`CoAL` or `the Company`) advises that further to
resolution passed at the Company`s General Meeting of shareholders held on 8
April 2008, a total of 4,750,000 Shares have now been allotted and issued to
Jannie Abraham Nel as part consideration for the acquisition of the remaining
30% interest in the Mooiplaats Project. In addition, pursuant to section 7.1 of
the Listing Rules, 450,000 Shares have been issued in lieu of professional
services rendered in relation to the Mooiplaats Project.
Following the admission of the Shares, the number of Shares on issue will be
307,073,917. An Appendix 3B will be lodged following this announcement, and can
be found on the company`s website.
Secondary Trading Notice Pursuant to Paragraph 708A(5)(e) of the Corporations
Act 2001 ("Act")
The Act restricts the on-sale of securities issued without disclosure, unless
the sale is exempt under section 708 or 708A of the Act. By giving this notice,
a sale of the Shares noted above will fall within the exemption in section
708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
(a) the Company issued the Shares without disclosure to investors under Part
6D.2 of the Act;
(b) as at 10 April 2008, the Company has complied with the provisions of
Chapter 2M of the Act as they apply to the Company, and section 674 of the Act;
and
(c as at 10 April 2008 there is no information:
(a) that has been excluded from a continuous disclosure notice in accordance
with the ASX Listing Rules; and
(b) that investors and their professional advisers would reasonably require for
the purpose of making an informed assessment of:
i. the assets and liabilities, financial position and performance, profits and
losses and prospects of the Company; or
ii. the rights and liabilities attaching to the relevant Shares.
Pursuant to the announcement released on 8 April 2008 the Appendix 3B relating
to 1,000,000 options allocated to B Sergeant may also be found on the company`s
website.
AUTHORISED BY:
Shannon Coates
Company Secretary
For more information contact:
Simon Farrell, Managing Director
CZA
+61 417 985 383
Olly Cairns / Romil Patel
Blue Oar Securities Plc
+61 8 6430 1631 +44(0) 20 7448 4400
www.coalofafrica.com
10 April 2008
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 10/04/2008 14:39:49 Produced by the JSE SENS Department.
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