CZA
CZA
CZA - Coal of Africa Limited - Issue of options
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`)
Issue of options
Coal of Africa Limited ("CoAL") announces that it has today issued 850,000
options to employees as follows:
* 600,000 unlisted Class H options exercisable at $1.25 on or before 1 May
2012; and
* 250,000 unlisted Class B options exercisable at $2.05 on or before 1 May
2012.
19 May 2008
Enquiries:
Blair Sergeant - Coal of Africa
+27 11 785 4518
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 19/05/2008 14:45:02 Produced by the JSE SENS Department.
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