African Copper Plc

Published : January 12th, 2015

African Copper Plc: Directorate Changes

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Keywords :   Botswana | Copper | Diamond | London | Water |

African Copper Plc: Directorate Changes

LONDON, UNITED KINGDOM--(Marketwired - Jan. 12, 2015) - African Copper Plc ("African Copper" or "the Company") (AIM:ACU)(BOTSWANA:AFRICAN COPPER) announces the appointment of Roy Corrans, currently a Non-executive Director of African Copper, as Non-executive Chairman of the Company in succession to David Rodier who is retiring from the Board with effect from 12 January 2015.

The Company also announces the appointment of Mr. Boikobo Paya as an additional Non-executive Director with immediate effect. Boikobo Paya (50 years of age), a Botswana national, was the Permanent Secretary in the Botswana Ministry of Minerals, Energy and Water Resources from October 2010 to August 2014. Mr. Paya was the Deputy Permanent Secretary in the same ministry, responsible for the water and energy sectors, a post he held from October 2008.

Mr. Paya's prior experience in government positions included Project Manager, Mmamabula Coordinating Unit, under the Ministry of Minerals, Energy and Water Resources and Director of the Department of Water Affairs, which included responsibility for two major wetlands: the Okavango Delta and the Kwando-Linyanti Delta. Mr. Paya holds a BSc and an MPhil in geology and has extensive research experience.

Commenting on the changes, Roy Corrans, Chairman, said, "On behalf of the Board, I'd like to thank David Rodier for his very hard work and dedication to African Copper in Botswana over the last five years. We wish him a long and happy retirement."

"I am delighted to welcome Boikobo Paya to the Board and am sure his long experience in government in Botswana will translate into valuable contributions to the Board's deliberations."

Mr. Paya has served in various boards and associations including serving as commissioner in the Limpopo Commission, Orange - Senqu Commission, Zambezi Commission and the Okavango Commission.

Boikobo Paya is currently Head of Research at the Botswana International University of Science and Technology (BIUST). He is also a Non-Executive Director of Debswana, Chairman of Diamond Trading Company Botswana (both joint ventures between De Beers and the Botswanan Government), a Non-Executive Director of De Beers and a Director of BBKR Productions (Pty) Ltd. In addition, Mr. Paya is a member of the administrative boards of DB Investments SA, Debswana Investments SA and De Beers SA.

Mr. Paya's previous directorships, which he has held within the last five years, are as follows:

Botswana Geoscience Association
Performance Improvement Coordinator Forum
Water Utilities Corporation
Limpopo Commission
Orange-Senqu Commission
Water Apportionment Board
Botswana Power Corporation

For further information please visit www.africancopper.com.

Notes to Editors:

African Copper is an AIM and Botswana listed copper producer and exploration company, currently focused on Botswana. The Company's flagship project is the copper producing open pit Mowana Mine. African Copper also owns the rights to the adjacent Thakadu-Makala deposit. Both deposits are situated on the highly prospective Matsitama belt, located close to Botswana's second largest city, Francistown, in the north-eastern part of the country.

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Data and Statistics for these countries : Botswana | All
Gold and Silver Prices for these countries : Botswana | All

African Copper Plc

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African Copper is a copper producing company based in United kingdom.

African Copper develops copper and silver in Botswana, and holds various exploration projects in Botswana.

Its main asset in production is MOWANA MINE in Botswana, its main asset in development is THAKADU in Botswana and its main exploration property is MATSITAMA in Botswana.

African Copper is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 44.6 millions as of today (€ 40.1 millions).

Its stock quote reached its highest recent level on July 20, 2007 at GBX 97.50, and its lowest recent point on June 05, 2015 at GBX 0.03.

African Copper has 1 485 110 016 shares outstanding.

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Annual reports of African Copper Plc
2008 Annual Report
2007 annual Report
Financings of African Copper Plc
6/26/2007Completes Private Placement with Botswana Institutional Inve...
6/20/2007Announces Private Placement with Botswana Institutional Inve...
Nominations of African Copper Plc
1/26/2012Appointment of Non-Executive Director
10/29/2009Board Changes and NOMAD and Broker Appointment
4/5/2007Appointment of Naomi Nemeth to Vice President, Investor Rela...
Financials of African Copper Plc
2/16/2010Fourth Quarter 2009 Financial Results
Project news of African Copper Plc
10/15/2012Production Update: Record =?ISO-8859-1?Q?=20Production=20of=...
8/29/2012Initial Inferred Resource Estimate for the Mowana North Area...
8/8/2012Production Update-Record Concentrate Production in July afte...
6/8/2012(Mowana Mine)Additional USD6=2E0 Million Working Capital Facility and Mow...
5/22/2012(Mowana Mine)Failure of the Ball Mill Pinion Shaft at the Mowana Mine
4/2/2012Production Update
6/24/2011(Matsitama)Matsitama Minerals Licence Extensions and Exploration Update
5/19/2011Production Update
12/21/2009(Mowana Mine)ZCI Releases Independent Competent Persons Report on Mowana ...
1/21/2009(Mowana Mine)Mowana Mine Update
9/17/2008(Mowana Mine)Mowana Mine Update
2/25/2008(Mowana Mine)The Revised Mowana Mine Production Schedule Provides for Out...
1/25/2008(Mowana Mine) Finalizes Offtake Agreement for Mowana Concentrates Complet...
7/25/2007(Thakadu)Independent Resource Estimate for Thakadu Copper-Silver Proj...
6/14/2007(Mowana Mine)New Resource Estimate for Dukwe Project Enhances Resource Co...
6/6/2007High-Grade Mineralisation Extended for at Least 350 Metres t...
6/5/2007Drill Programme Returns High-grade Intersections and Shows V...
5/17/2007(Thakadu)'s Thakadu Drill Results a Positive Step Toward Delineating ...
4/18/2006Proposed placing of new ordinary shares
Corporate news of African Copper Plc
5/29/2015Small-cap Week, May 30
2/2/2015African Copper Plc: Resignation of Director
1/12/2015African Copper Plc: Directorate Changes
2/11/2014Production and Exploration Update for the Third Quarter of F...
12/10/2012Half-Year Results for th
10/3/2012Further Cautionary Statement
10/2/2012Change of Adviser
9/20/2012Result of Annual General Meeting
7/31/2012Final Results for the Year to 31 March 2012
7/10/2012ZCI Strategic Review
5/30/2012ZCI Strategic Review
4/16/2012ZCI Strategic Review
2/28/2012ZCI Strategic Review
2/1/2012Additional USD5 Million Facility Secured from ZCI
1/6/2012USD2.0 Million Working Capital Facility
8/26/2011Notice of Annual General Meeting
6/30/2011Final Results for the Year to 31 March 2011
6/28/2011Re: ZCI Trading Update
6/9/2010Change of Advisor's Names
5/4/2010Operational Update
4/1/2010Financing and Trading Update
2/1/20101 February 2010
1/18/2010Zambia Copper Investments ("ZCI") has received shareholder a...
12/10/2009Chris Fredericks resigned as a director and Chief Executive ...
11/17/2009Today Filed Its Third Q
10/14/2009Operational Update
9/30/2009Extension of Loan Facility
9/9/2009Operational Update
8/14/2009Today Filed Its Half Year Consolidated Financial Statements ...
7/30/2009Result of Annual General Meeting
7/30/2009AGM Presentation
6/29/2009Revocation of Cease Trade Order
6/29/2009Annual General Meeting
6/23/2009Filing of Interim Financial Statements and MD&A
6/19/2009and Zambia Copper Investments Limited ('ZCI') Term Loan Agre...
6/3/2009Settlement of Natasa Mining Ltd ("Natasa") Claims and Withdr...
5/26/2009ACU Payment to Bondholders and Natasa
5/22/2009Board Changes
5/22/2009Issue of 676,570,500 New Ordinary Shares of 1p Each
5/22/2009Share Transfer Instructions
5/21/2009Issue of Shares and Compromise Agreement With RSV
5/20/2009Announces Delisting from the Toronto Stock Exchange
5/18/2009Amended Agreement Between ACU and ZCI Dated 18 May 2009
5/15/2009Announces Delay in Filing Interim Financial Statements and M...
5/15/2009Revised Offer of Financing From Natasa Mining Limited
5/15/2009Natasa Mining Limited ("Natasa") Announcement
5/14/2009Transfer and Demand for Repayment of Bonds
5/13/2009Amended Agreement Between African Copper and Zambia Copper I...
11/12/2008Nets US$4.75 Million From Sale of Copper Put Options
8/15/2008Half Yearly Report
6/19/2008Result of AGM
6/13/2008Management Reorganization
5/16/2008Q1 Results
4/1/2008Preliminary Results for the Year Ended 31 December 2007
2/26/2008Total Voting Rights
2/15/2008 Disclosure of Shareholding
2/8/2008Issues 7.284 Million New Shares at 70p
1/30/2008Completes the Issue of 7.284 Million Shares
9/18/2007Receives Licence Renewal for =?ISO-8859-1?Q?Over=203,500sq=...
6/7/2007Annual Meeting Statement-Business & Growth Strategy
5/23/2007Protects Against Decline in Copper Price
6/5/2006Results of EGM
4/3/20062005 drilling programme triples contained copper at Mapanipa...
4/3/2006(Mowana Mine)Dukwe development plan finalized
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