The board of Central African Gold Plc announces its preliminary results for the year ended 31 December 2007. As trading in the Company’s shares was suspended on 1 July 2008 pending the publication of the financial statements, such suspension will now be lifted with effect from 8am on 9 July 2008.
Central African Gold announces that Chief Financial Officer, Charles Prentice, is stepping down from the Board of Directors with immediate effect. He has agreed to remain available to the Company for a reasonable period of time to ensure a smooth handover.
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Central African Gold has today requested a temporary suspension of trading pending the completion of its annual report and accounts for the year to 31 December 2007
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CAG, has signed a letter of intent with African Underground Mining Services Ltd for the development of its Strauss decline to enable the eventual installation of a conveyor haulage system from the Bibiani underground development.
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Central African Gold Plc, the AIM traded gold mining and exploration company, is pleased to announce the appointment of the following Non-Executive Directors to the Board.
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CAG announces that an application has been made to the London Stock Exchange for the admission to trading on AIM of a block listing of 5,000,000 ordinary shares of 0.5p each in the Company (“Ordinary Shares”).
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CAG has increased its underground Ore Reserve estimate at its Bibiani gold mine in Ghana by 31% to 1.38Moz Au following revised mineral resource estimation, mine planning and scheduling
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CAG has announced that 3,549,000 share options have been granted to executive Directors and employees of CAG following the Board meeting of 15 January 2008.
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CAG is pleased to announce that at the EGM held earlier today, both resolutions were duly passed with 100% acceptance and accordingly the placing of 60,000,000 new ordinary shares of 0.5p each (“Placing Shares”) at 26 pence per share (the “Placing”) to raise circa £14.85 million net of expenses is now unconditional.
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Nicci Broome
Public Relations Officer
nbroome@cag-plc.com
Mobile: +27 83 601 1702
Tel: +27 11 676 2500
Charmane Russell
charmane@rair.co.za
Mobile: +27 82 372 5816
Tel: +27 11 880 3924
Hugo de Salis
hugodesalis@sbmf.co.uk
Mobile: +44 7967 496 863
Tel: +44 20 7242 4477