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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 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMAFE
11 February 2015
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 announcements made on
the 20 November 2014 and on 1 December 2014 in relation to the proposed
acquisition of Lime-Chem Resources (Proprietary) Limited.
Subsequent to the previous announcements and during the process of
progressing the transaction the Company has identified aspects of the
transaction that have necessitated changes to the previously announced
terms. Those changes are currently still under discussion with the
vendors and as a consequence there can be no guarantee that the
previously announced timetable will be adhered to or that the
transaction will complete.
The Board intends to update shareholders of progress in relation to the
proposed acquisition of Lime-Chem Resources (Proprietary) Limited via
the website (www.africaneagle.co.uk) and the SENS system of the JSE
Limited.
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
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#1893691
http://www.africaneagle.co.uk/
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