Holding(s) in Company>
Holding(s) in Company
(Thomson Reuters ONE) - AFRICAN EAGLE RESOURCES plc Holding(s) in CompanyAfrican Eagle Resources plc ("African Eagle" or "the Company", tickerAIM: AFE, AltX: AEA) was notified on 29 June 2009 that RAB CapitalPlc acting as discretionary manager of RAB Special Situations(Master) Fund Limited no longer holds any ordinary shares in thecapital of the Company.Mark ParkerManaging DirectorAfrican Eagle Resources plc30 June 2009For further information, see the Company's web sitewww.africaneagle.co.uk or contact one of the following:Mark ParkerManaging Director+44 20 7248 6059+44 77 5640 6899Nicola MarrinSeymour Pierce LimitedNominated Adviser+44 20 7107 8000About African EagleAfrican Eagle is a diversified mineral exploration and developmentcompany operating in eastern and central Africa. The Company'sprincipal advanced projects are the Mkushi Copper Mines project inZambia, for which a Feasibility Study will be completed in Q4 2008,and the Dutwa nickel laterite discovery in Tanzania, where theCompany has recently announced a resource.African Eagle has also defined a gold resource estimated at half amillion ounces at the Miyabi gold project in Tanzania, and isevaluating a second promising nickel laterite deposit which itrecently discovered in Tanzania. The Company holds a largewell-balanced portfolio of promising earlier stage gold and basemetal projects, including the Ndola and Mokambo copper projects inZambia.Zambia, Tanzania and Mozambique, the sites of African Eagle'sprojects, are all countries which have highly prospective geology,relatively low above-ground risks and track records of successfulmajor investments in the metals and minerals industries.African Eagle specialises in project generation and exploration. Totake its discoveries into production, it seeks to sign up industrypartners with records of successful mine development. These jointventures and, in time, the revenue from advanced projects, willfinance future exploration and new discoveries.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 30.06.2009 - 11:01 Uhr
Sprache: Deutsch
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