African Copper Plc

African Copper Plc

January 30, 2008 15:50 ET

African Copper Completes the Issue of 7.284 Million Shares

LONDON, UNITED KINGDOM--(Marketwire - Jan. 30, 2008) - Pursuant to the private placement announced on 25 January 2008, African Copper PLC ("African Copper" or "the Company") (TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN COPPER) announces the issue of 7,284,000 Ordinary Shares at 70p each for total proceeds of Pounds Sterling 5.1 million. Application has been made to the London Stock Exchange for admission of the shares to AIM, which is expected to take place on 4 February 2008.

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