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Central African Gold
LSE CAN.L 191,30 GBX 0,00%
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Appoint RBC as broker

Publié le 20 septembre 2007

 

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

 


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