11 August 2014
African Eagle Resources plc
("African Eagle" or the "Company")
Notification of Temporary Suspension
African Eagle, the investing company that is seeking opportunities within the natural resources, infrastructure and services sectors, announces that, in accordance with Rule 15 of the AIM Rules for Companies ("AIM Rules"), the Company's shares will today be suspended from trading on AIM and AltX from 7.30 a.m. London time as a result of the Company not having completed an acquisition or acquisitions which constitute a reverse takeover under the AIM Rules, or otherwise implemented its investing policy (which was approved by shareholders at a general meeting) in accordance with Rule 15 within twelve months of becoming an investing company.
The Company continues to actively work towards implementing its investing policy in accordance with Rule 15 and will keep shareholders informed of developments in accordance with the AIM Rules.
In the event that the Company is unable to implement its investing policy within the next six months admission of the Company's shares will be cancelled.
For further information please visit www.africaneagle.co.uk or contact the following:
| African Eagle Resources plc |
Robert McLearon, Finance Director
|Tel: +44 (0) 20 7002 5361|
|Beaumont Cornish Limited (Nominated Adviser)||Tel: +44 (0) 207 628 3396|
| Roland Cornish |
| Pareto Securities Limited (Broker) |
|Tel: +44 (0) 20 7786 4370|
About African Eagle
African Eagle Resources plc is quoted on the AIM Market of the London Stock Exchange (AFE) and Johannesburg AltX (AEA) stock exchanges.
Correspondence Address & Registered Office: 64 New Cavendish Street, London, W1G 8TB, UK
Phone: +44 20 7002 5361 / E-mail: firstname.lastname@example.org
All content © African Eagle 2012 / Website design by ckd