Holding(s) in Company
(Thomson Reuters ONE) - AFRICAN EAGLE RESOURCES plc Holding in CompanyAfrican Eagle Resources plc ("African Eagle" or "the Company", tickerAIM: AFE, AltX: AEA) has been notified that Barclays PLC, throughBarclays Stockbrokers Ltd and Gerrard Investment Management Ltd,controls the exercise of the voting rights attached to 6.96 per cent.of the Company's issued share capital.Mark ParkerManaging DirectorAfrican Eagle Resources plc28 July 2009For further information, see the Company's web sitewww.africaneagle.co.uk or contact one of the following:Mark ParkerManaging Director+44 20 7248 6059+44 77 5640 6899Nicola MarrinSeymour Pierce LimitedNominated Adviser+44 20 7107 8000About African EagleAfrican Eagle is a diversified mineral exploration and developmentcompany operating in eastern and central Africa. The Company'sprincipal advanced projects are the Dutwa nickel laterite discoveryin Tanzania, where the Company completed a scoping study in June2009, and the Mkushi Copper Mines project in Zambia, for which adraft Feasibility Study was completed in Q4 2008.African Eagle has also defined a gold resource estimated at half amillion ounces at the Miyabi gold project in Tanzania, and isevaluating a second promising nickel laterite deposit which itrecently discovered in Tanzania. The Company holds a well-balancedportfolio of promising earlier stage gold and base metal projects,including the Ndola and Mokambo projects in the Zambian Copperbelt.Zambia, Tanzania and Mozambique, the sites of African Eagle'sprojects, are all countries which have highly prospective geology,relatively low above-ground risks and track records of successfulmajor investments in the metals and minerals industries.African Eagle specialises in project generation and exploration. Totake its discoveries into production, it seeks to sign up industrypartners with records of successful mine development. These jointventures and, in time, the revenue from advanced projects, willfinance future exploration and new discoveries.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 28.07.2009 - 12:01 Uhr
Sprache: Deutsch
News-ID 4036
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