African Copper PLC Further Cautionary Statement (8441W)
January 31 2013 - 10:12AM
UK Regulatory
TIDMACU
RNS Number : 8441W
African Copper PLC
31 January 2013
31 January 2013
African Copper Plc
(AIM: ACU, BSE: African Copper)
Further Cautionary Statement
Shareholders are referred to the cautionary announcements
released on 14 December 2012 wherein it was advised that African
Copper Plc ("African Copper" or "the Company") had been notified by
its 84.9% shareholder, ZCI Limited ("ZCI"), that it has initiated a
process intended to realise value from its investment in African
Copper, which process may result in the disposal of ZCI's interest
in African Copper.
Further to the aforementioned announcements, shareholders are
advised that the process is ongoing and may have a material effect
on the price of the Company's securities. Accordingly, shareholders
are advised to continue exercising caution when dealing in the
Company's securities until a further announcement is made.
For further information please visit www.africancopper.com or
contact:
Brad Kipp, Chief Financial Andrew Chubb/Tarica Mpinga
Officer Canaccord Genuity Limited (NOMAD
African Copper Plc and Broker)
+1 (416) 847 4866 +44 (0) 20 7523 8000
bradk@africancopper.com
------------------------------ ----------------------------------
Simon Hudson/Kelsey Traynor
Tavistock Communications (PR
and IR)
+44 (0) 20 7920 3150
------------------------------ ----------------------------------
Notes to Editors
African Copper is an AIM and Botswana listed copper producer and
exploration company, currently focused on Botswana. The Company's
flagship project is the copper producing open pit Mowana Mine. ACU
also owns the rights to the adjacent Thakadu-Makala deposit. Both
deposits are situated on the highly prospective Matsitama belt,
located close to Botswana's second largest city, Francistown, in
the north-eastern part of the country.
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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