| Sese Prospecting Licences Extended for Two Years | |
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Microsoft Word - 2014-12-03 PL renewals
3rd December 2014
S SE PROSPECTING
ICENCES EXTENDED FOR A
URTHER TWO YEARS
The two key prospecti
g licences for coal at the Sese project in Botswana have b een grante
a two‐year
extension by the Minister of Minerals Energy and Water Resources. Prospecting Lice nces PL96/2
05 Sese and
PL197/2007 Sese West, held by African Energy Resources Botswana (Pty) Ltd have been extended until 31st
December 2016. The two licences cover a combi of thermal coal1.
ed area of approximately 516km2 an d contain 5 billion tonnes
For any further information, please contact the Company dire tly on +61 8 6465 5500.
Location map showing PL96/2005 Sese and PL197/2007 Sese West
1. Refer to Annual Statement of Mineral Resources in the Afriican Energy Resources annual report dated 30 Oct ober 2014.
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African Energy Resources Limited
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DEVELOPMENT STAGE |
CODE : AFR.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
African Energy is a uranium exploration company based in Australia. African Energy holds various exploration projects in Malawi, in Zambia and in Zimbabwe. Its main asset in development is GWABE (CHIRUNDU) in Zambia and its main exploration properties are NORTHERN LUANGWA VALLEY, LUANO VALLEY, ALDERSHOT, KARIBA VALLEY JV, CHIRUNDU JV, NJAME, LUANO and CENTRAL LUANGWA VALLEY in Zambia, SESE in Botswana and KARIBA in Zimbabwe. African Energy is listed in Australia. Its market capitalisation is AU$ 20.1 millions as of today (US$ 14.5 millions, € 12.7 millions). Its stock quote reached its highest recent level on February 25, 2011 at AU$ 1.00, and its lowest recent point on March 20, 2020 at AU$ 0.01. African Energy has 609 000 000 shares outstanding. |