African Copper Plc
TSX : ACU
AIM : ACU

African Copper Plc

May 20, 2009 09:30 ET

African Copper Announces Delisting from the Toronto Stock Exchange

TORONTO, ONTARIO--(Marketwire - May 20, 2009) - African Copper Plc (the "Company") (AIM:ACU) (TSX:ACU) (BOTSWANA:AFRICAN COPPER) announces that the Toronto Stock Exchange (the "Exchange") has accepted the Company's application to voluntarily delist its ordinary shares from the Exchange. The application for delisting is a condition of the closing of the previously announced funding by Zambia Copper Investments Limited ("ZCI") (as disclosed in the Company's and ZCI's joint press release on 11 May 2009). The delisting of the ordinary shares from the Exchange will be effective as of the close of trading on Wednesday, 20 May 2009.

The Company's ordinary shares will continue to be listed on AIM under the symbol "ACU" and on the Botswana Stock Exchange under the symbol "African Copper".

FORWARD-LOOKING INFORMATION

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes the planned delisting of the Company's ordinary shares from the Exchange and the timing of same as well as the Company's expectations that its ordinary shares will continue to be listed on AIM and the Botswana Stock Exchange (the "BSE"). Although the Company believes that the assumptions (including that the Company will continue to meet the listing requirements of AIM and the BSE) and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

For further information please visit: www.africancopper.com.

Contact Information

  • African Copper Plc
    Chris Fredericks
    Chief Executive Officer
    +27 (11) 467 2360
    Email: cfredericks@africancopper.com
    or
    African Copper Plc
    Brad Kipp
    Chief Financial Officer
    (416) 847-4866
    Email: bradk@africancopper.com
    or
    Numis Securities Limited
    John Harrison
    Nominated Adviser
    +44 (9) 20 7260 1000
    or
    Numis Securities Limited
    James Black
    Corporate Broker
    +44 (9) 20 7260 1000