TIDMCZA

RNS Number : 0453L

Coal of Africa Limited

23 April 2015

   ANNOUNCEMENT                                                               23 April 2015 

Director Notification

Pursuant to Rule 17 of the AIM Rules for Companies ("AIM Rules"), Coal of Africa Limited ("CoAL" or the "Company") announces the following required director's disclosure.

Thabo Mosololi, a non-executive director of CoAL, has informed the Company that Evraz Highveld Steel and Vanadium Limited, a company of which Mr Mosololi is also a director, has commenced voluntary business rescue proceedings in terms of section 129 of the South African Companies Act 2008

Save as disclosed above, there is no further information to be disclosed under the AIM Rules.

For more information contact:

 
                   Chief Executive                              +27 10 003 
 David Brown        Officer              Coal of Africa          8000 
                   Chief Financial                              +27 10 003 
 Michael Meeser     Officer              Coal of Africa          8000 
                                                                +27 10 003 
 Celeste Harris    Investor Relations    Coal of Africa          8000 
                                         Endeavour Corporate    +61 08 9316 
 Tony Bevan        Company Secretary      Services               9100 
 

Company advisors:

 
 Jos Simson/Emily         Financial PR                          +44 20 
  Fenton                   (United Kingdom)    Tavistock         7920 3150 
 Chris Sim/George 
  Price/Jeremy                                 Investec Bank    +44 20 
  Ellis                   Nominated Adviser     plc              7597 5970 
 Charmane Russell/Jane    Financial PR         Russell &        +27 11 
  Kamau                    (South Africa)       Associates       880 3924 
                                                                 or 
                                                                 +27 82 
                                                                 372 5816 
 

Investec Bank Limited is the nominated JSE Sponsor

About CoAL:

CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project (coking and thermal coal).

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEASLAALLSEFF

Coal of Africa (LSE:CZA)
Historical Stock Chart
From Jul 2024 to Jul 2024 Click Here for more Coal of Africa Charts.
Coal of Africa (LSE:CZA)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Coal of Africa Charts.