Disposal of Malian Assets - Extension of Timetable
02 Março 2010 - 1:30PM
UK Regulatory
TIDMCAN
RNS Number : 9623H
Central African Gold PLC
02 March 2010
Central African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining
2 March 2010
Central African Gold Plc ('CAG' or 'the Company')
Disposal of Malian Assets - Extension of Timetable to Completion
Central African Gold Plc, the AIM quoted gold mining and exploration company,
today announces that the completion of the disposal of CAG's Malian assets to
Colonial Resources Limited has been extended from 3 March 2010 to 10 March 2010
('the Extension').
The Extension is to allow CAG further time to procure an executed agreement
between CAG, Songhoi Resources SARL, Mani SARL and Colonial Resources Limited in
connection with a joint venture agreement between CAG and G.I.E. Geo-Consul
('the Agreement').
A further announcement will be made in due course.
* * ENDS * *
For further information please visit www.centralafricangold.com or contact:
+-------------+------------------------+---------------------+
| Roy | Central African Gold | Tel: +44(0)77 9390 |
| Pitchford / | Plc | 9985 |
| Craig | | Tel: +27(0)11 317 |
| Campbell | | 3654 |
| | | |
+-------------+------------------------+---------------------+
| Stuart | Strand Hanson Limited | Tel: +44(0)20 7409 |
| Faulkner / | | 3494 |
| James | | |
| Spinney | | |
| | | |
+-------------+------------------------+---------------------+
| Hugo de | St Brides Media and | Tel: +44(0)20 7236 |
| Salis / | Finance Ltd | 1177 |
| Felicity | | |
| Edwards | | |
+-------------+------------------------+---------------------+
Notes to Editors
Central African Gold Plc is an established gold mining company with a portfolio
of production and exploration assets in Africa. The Company has two
subsidiaries in Zimbabwe: Falcon Gold Zimbabwe Limited (84.7 per cent. owned)
and Olympus Gold Mines Limited (100 per cent. owned); and a subsidiary in
southern Botswana with a licence covering 430.3km² of the extension of the
Kraaipan greenstone belt from South Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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