| Tue 30 Jun 2009, 17:00 | | AEA - African Eagle Resources Plc - Holding(s) in Company |
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AEA
AEA
AEA - African Eagle Resources Plc - Holding(s) in Company
African Eagle Resources plc
(Incorporated in England and Wales, registered number 3912362)
AIM share code: AFE AIM ISIN: GB0003394813
JSE share code: AEA JSE ISIN: GB0003394813
AFRICAN EAGLE RESOURCES plc
Holding(s) in Company
African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE,
AltX: AEA) was notified on 29 June 2009 that RAB Capital Plc acting as
discretionary manager of RAB Special Situations (Master) Fund Limited no longer
holds any ordinary shares in the capital of the Company.
Mark Parker
Managing Director
African Eagle Resources plc
30 June 2009
For further information, see the Company`s web site www.africaneagle.co.uk or
contact one of the following:
Mark Parker
Managing Director
+44 20 7248 6059
+44 77 5640 6899
Nicola Marrin
Seymour Pierce Limited
Nominated Adviser
+44 20 7107 8000
About African Eagle
African Eagle is a diversified mineral exploration and development company
operating in eastern and central Africa. The Company`s principal advanced
projects are the Mkushi Copper Mines project in Zambia, for which a Feasibility
Study will be completed in Q4 2008, and the Dutwa nickel laterite discovery in
Tanzania, where the Company has recently announced a resource.
African Eagle has also defined a gold resource estimated at half a million
ounces at the Miyabi gold project in Tanzania, and is evaluating a second
promising nickel laterite deposit which it recently discovered in Tanzania. The
Company holds a large well-balanced portfolio of promising earlier stage gold
and base metal projects, including the Ndola and Mokambo copper projects in
Zambia.
Zambia, Tanzania and Mozambique, the sites of African Eagle`s projects, are all
countries which have highly prospective geology, relatively low above-ground
risks and track records of successful major investments in the metals and
minerals industries.
African Eagle specialises in project generation and exploration. To take its
discoveries into production, it seeks to sign up industry partners with records
of successful mine development. These joint ventures and, in time, the revenue
from advanced projects, will finance future exploration and new discoveries.
30 June 2009
Sponsor
Nedbank Capital
Date: 30/06/2009 17:00:01 Produced by the JSE SENS Department.
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