CAN Central A.G.

    RNS Number : 1871D
  Central African Gold PLC
  11 September 2008
   

    Central African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining
    11 September 2008
    Central African Gold Plc ('CAG' or the 'Company')
    Appoints new CFO
    Central African Gold Plc, the AIM traded gold mining and exploration company, is pleased to announce the appointment of Craig Campbell,
38, to the Senior Management team as the Company's Chief Financial Officer with immediate effect. 

    Craig Campbell, C.A. (S.A.) has over 12 years of financial experience predominantly within the mining arena. Most recently he served as
Executive Director of BRC DiamondCore Ltd. ('BRC DiamondCore'), after joining Diamond Core Resources Limited ('Diamond Core') as Chief
Financial Officer, where he also served as an Executive Director.  During his time at Diamond Core he had significant exposure to the
development of significant exploration projects, corporate governance and corporate finance, where he was instrumental in closing and
implementing the C$100 million merger between BRC DiamondCore and Diamond Core.

    Additionally, Craig has held other financial directorships and financial management positions for various companies, including BRC
DiamondCore and Diamond Core, as well as companies operating in the retail and manufacturing sectors. 

    Greg Hunter, Chief Executive Officer of CAG, said: "Craig has extensive experience working within the mining and exploration sector and
is ideally qualified to support CAG in the development of its gold production and exploration assets. We have already built a solid
portfolio and are rapidly advancing all our projects, with the intention of continuing to build on our resource base in Ghana, Mali,
Zimbabwe and Botswana. However, in order to advance the Company further, we understand the need to invest in high quality people and so we
are delighted to welcome Craig to the team. He will provide valuable assistance to CAG, particularly in view of his extensive financial
knowledge and the strong relationships he has built in the African resources sector."

    * * ENDS * *

    For further information please visit www.centralafricangold.com  or contact:

 Greg Hunter/      Central African Gold Plc         Tel: +27(0)11 676 2500
 Nicole Broome
 Hugo de Salis/    St Brides Media and Finance Ltd  Tel: +44(0)20 7236 1177
 Felicity Edwards
 Stuart Faulkner/  Strand Partners Limited          Tel: +44(0)20 7409 3494
 James Spinney
 Charmane Russell  Russell and Associates           Tel: +27(0)11 880 3924
        
        
    Notes to Editors:
    Central African Gold Plc, admitted to AIM in April 2004, was established to acquire gold assets with a geographical focus on Africa. The
Company has established a sound portfolio with projects in Ghana, Mali, Zimbabwe and Botswana. It has a highly experienced management team,
which has worked together for four years managing six underground greenstone gold mining operations and building exploration portfolios.

    CAG's portfolio includes the developing Bibiani gold mine and two prospecting licences in Ghana, which it acquired from AngloGold
Ashanti Limited, three joint ventures in Mali covering 17 prospective permits and a licence in Botswana covering the extension of the
Kraaipan greenstone belt from South Africa. During 2007 CAG acquired 5 gold mines and extensive exploration properties in Zimbabwe. The
management team is evaluating additional prospects in Africa to establish CAG as a leading mid-tier African gold producer with world class
exploration and production assets.



This information is provided by RNS
The company news service from the London Stock Exchange
 
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