Central
African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining
20th September
2007
Central African Gold plc (“CAG” or the “Company”)
Change of Adviser
Central
African Gold plc, the AIM traded gold mining and exploration company, has appointed
RBC Capital Markets as its new Broker with immediate effect.
CAG Chief
Executive Greg Hunter said, “We are very pleased to announce the
appointment of RBC as our new Broker. The appointment of such a high calibre
name is further evidence of our development and growth to date. We look forward
to working closely with the RBC team during our next growth phase as we endeavour
to achieve our strategic objective of becoming a leading mid-tier African gold
producer with world-class exploration and production assets.”
* * ENDS * *
For further
information please visit www.centralafricangold.com or contact:
Central
African Gold Plc
Greg Hunter/Nicole
Broome Tel: +27 (0)
11 676 2500
RBC Capital
Markets
Martin Eales Tel: +44
(0) 20 7029 7881
Andrew Smith Tel: +44
(0) 20 7029 7882
In London:
St Brides
Media & Finance Ltd
Hugo de Salis/Felicity Edwards Tel: +44
(0) 20 7242 4477
Strand
Partners Limited
Simon Raggett /Braden
Saunders Tel: +44 (0) 20 7409
3494
In South Africa:
Russell and Associates
Charmane
Russell Tel: +
27 (0) 11 880 3924
Notes to Editors:
About RBC:
RBC Capital
Markets is an international corporate and investment bank that provides
innovative solutions and a focused set of products and services to
institutions, corporations, governments and high net worth clients around the
world. With nearly 3,700 professional and support staff, it operates out of 75
offices in 15 countries to deliver products and services through operations in
Asia and Australasia, the UK
and Europe and in every major North American
city.
RBC Capital
Markets is part of Royal Bank of Canada (“RBC”), a
leading North American provider of financial services. Operating since 1869,
RBC has more than US$566 billion in assets and one of the highest credit
ratings of any financial institution - Moody's Aaa and Standard & Poor's
AA-. Today, RBC serves more than 14 million clients worldwide, delivering
products and services through offices in North America, Europe, Asia and Australasia.
About CAG:
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 six
years managing six underground greenstone gold mining operations and building
exploration portfolios.
CAG’s
portfolio includes the producing Bibiani gold mine and prospecting licences in Ghana, which it acquired from AngloGold Ashanti
Ltd, two joint ventures in Mali
covering 22 prospective permits and licences in Botswana
covering the extension of the Kraaipan greenstone belt from South Africa. CAG recently acquired
five mines and extensive exploration properties in Zimbabwe. The directors are
evaluating additional prospects in Africa to
establish CAG as a leading mid-tier African gold producer with world class
exploration and production assets.
Isabel
Crossley
St
Brides Media & Finance Ltd
38 Bow Lane
London EC4M 9AY
Tel:
020 7242 4477
Fax:
020 7242 4488
Mobile: 07968 782 695
Email:
isabel@sbmf.co.uk