AFRICAN EAGLE RESOURCES PLC
RESULT OF GENERAL MEETING, PLACING AND TOTAL VOTING RIGHTS
The Board of African Eagle Resources plc ("African Eagle" or the "Company") is
pleased to announce that its Placing of 88 million Ordinary Shares ("Placing
Shares") at 3.75p per Ordinary Share to raise £3.3 million (before expenses) has
been successfully completed, with all resolutions passed at the General Meeting
held earlier today
Application has been made for admission of the Placing Shares to trade on AIM
and AltX which is expected to take place on 1 October 2010.
Following the issue of the Placing Shares there will be 384,762,128 Ordinary
Shares in issue. This figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, African Eagle under the
FSA's Disclosure and Transparency Rules.
For further information:
Mark Parker
Managing Director
African Eagle
+44 20 7248 6059
+44 77 5640 6899
Nicola Marrin
Seymour Pierce Limited, London
Nominated Adviser
+ 44 20 7107 8000
David Banks
Seymour Pierce Limited, London
Corporate Broking
+ 44 20 7107 8000
Guy Wilkes
Ocean Equities Limited, London
Corporate Broking
+ 44 20 786 4370
Charmane Russell / Marion Brower
Russell & Associates, Johannesburg
+ 27 11 8803924
+27 82 8928052
Ed Portman / Leesa Peters
Conduit PR, London
+44 20 7429 6607
+44 77 3336 3501
[HUG#1447999]
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Source: African Eagle Resources PLC via Thomson Reuters ONE