African Copper Plc

Published : June 13th, 2008

Management Reorganization

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Keywords :   Botswana | Copper | Growth | London | Nickel | South Africa | Zambia |

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African Copper PLC
AIM: ACU
TSX: ACU
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June 13, 2008
African Copper-Management Reorganization
LONDON, UNITED KINGDOM--(Marketwire - June 13, 2008) - African Copper PLC ("African Copper" or the "Company") (AIM:ACU)(TSX:ACU)(BOTSWANA:AFRICAN COPPER) announces the appointment of Mr. Christopher Reid Fredericks as Chief Executive Officer. Mr. Fredericks was formerly the Company's Chief Operating Officer. It is expected that Mr. Fredericks will join the Board of Directors as of 1 July 2008. Mr. Joseph Hamilton has resigned as Chief Executive Officer and from the Board of Directors with mutual consent.

Mr. Fredericks has an extensive track record with over 29 years experience in base metal mining and exploration from exposure to large-scale open pit and underground mining operations in Zambia, Botswana and South Africa. Mr. Fredericks is 54 years old and holds a degree in Geology from Rhodes University, South Africa. He joined the Company in January 2007 from LionOre Mining International where he held various senior operating and corporate positions. Most recently he was employed by LionOre Africa Head Office in Johannesburg as the Business Development Executive, having been transferred from the flagship Tati Nickel operation in Botswana where he was the General Manager and a Director. During his career he has actively been involved with the commissioning, development and growth of a number of mining projects from their inception through to full-scale production and, as such he brings exceptional professional and technical skills that will assist the Company to establish itself as a new copper producer.

Mr. Fredericks does not hold any Ordinary Shares in the Company. He is currently a director of the following companies which are subsidiaries of African Copper: Messina Copper Botswana (Pty) Limited and Matsitama Minerals (Pty) Limited. He has held the following directorship in the last five years: Tati Nickel Mining Company (Pty) Ltd. Save as set out above no disclosures are required to be made for the purposes of rule 17, paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Mr. Roy Corrans, the Chairman of the Company, commented, "We are delighted that Chris has agreed to become Chief Executive Officer of the Company. His experience ideally complements the strong construction and operating team we have assembled in Botswana. We look forward to him leading the Company as it enters the next phase of its development, deploying his significant operational experience in base metal mining."

Mr. David Jones, Deputy Chairman of the Company commented "I would like to, on behalf of the Board of Directors, thank Joe for his commitment to the Company since its foundation and wish him well in any future endeavors."

Further information about African Copper PLC please visit our website www.africancopper.com or www.sedar.com.

CONTACT INFORMATION:

African Copper PLC
Marguerite Manshreck-Head
Investor Relations
(416) 214-2922
Email: info@africancopper.com
Website: www.africancopper.com

or

Numis Securities Limited (NOMAD)
John Harrison/James Black
+44 (0) 20 7260 1000

INDUSTRY: Manufacturing and Production - Mining and Metals

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

African Copper Plc

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CODE : ACU.L
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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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AIM (ACU.L)FRANKFURT (BNA.F)
0.030+0.00%0.001-50.00%
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