African Copper PLC

AIM : ACU


African Copper PLC

December 20, 2012 02:00 ET

African Copper Plc: Further Cautionary Statement

LONDON, UNITED KINGDOM--(Marketwire - Dec. 20, 2012) - Shareholders are referred to the cautionary announcements released on 28 February 2012, 16 April 2012, 30 May 2012, 10 July 2012, 22 August 2012 and 03 October 2012 wherein it was advised that African Copper Plc (AIM:ACU)(BOTSWANA:AFRICAN COPPER) ("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.

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.

Contact Information

  • African Copper Plc
    Brad Kipp
    Chief Financial Officer
    +1 (416) 847 4866
    bradk@africancopper.com
    www.africancopper.com

    Tavistock Communications (PR and IR)
    Simon Hudson/Kelsey Traynor
    +44 (0) 20 7920 3150

    Canaccord Genuity Limited (NOMAD and Broker)
    Andrew Chubb/Tarica Mpinga
    +44 (0) 20 7523 8000