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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| African Eagle | LSE:AFE | London | Ordinary Share | GB0003394813 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.275 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMAFE
1 December 2014
African Eagle Resources PLC
("African Eagle" or the "Company")
AIM:AFE, AltX:AEA
Update on Proposed Acquisition of Lime-Chem Resources (Proprietary)
Limited
African Eagle wishes to provide an update to the announcement made on 20
November 2014 in relation to the extension to the conditional agreement
("Agreement") for the proposed acquisition of Lime-Chem Resources
(Proprietary) Limited.
Subsequent to the previous announcement, an extension has been agreed
with all the parties to the Agreement for the date by which the
condition needs to be satisfied for agreement to be reached on the
disclosure letter, qualifying the warranties as provided for in terms
of the Agreement. The agreement is for an extension of this date from 28
November 2014 to 12 December 2014.
The Company does not currently anticipate that this extension will
impact the timetable for the fulfilment of the other conditions as set
out in the announcement of 20 November 2014.
Enquiries:
African Eagle Resources plc
Tel: +44 (0) 207 002 5361
Robert McLearon, Finance Director
Beaumont Cornish Limited (Nominated Adviser) Tel: +44 (0)
207 628 3396
Roland Cornish / Emily Staples
Pareto Securities Limited (Joint Broker)
Tel: +44 (0) 207 786 4370
Guy Wilkes
Loeb Aron & Company Limited (Joint Broker) Tel: +44
(0) 207 628 1128
John Beresford-Peirse / Anthony Kluk
About African Eagle
African Eagle Resources plc is quoted on the AIM Market of the London
Stock Exchange (symbol: AFE) and Johannesburg AltX stock exchange
(symbol: AEA)
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: African Eagle Resources PLC via Globenewswire
HUG#1875765
http://www.africaneagle.co.uk/
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