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Keywords :   Copper |

 

 

 

 

 

African Copper Plc

TSX:

ACU

 

 

AIM:

ACU

 

 

 

 

Other Recent News

 

May 14, 2009

African Copper Plc: Transfer and Demand for Repayment of Bonds

LONDON, UNITED KINGDOM--(Marketwire - May 14, 2009) - African Copper Plc ("African Copper" or the "Company") (AIM:ACU)(TSX:ACU)(BOTSWANA:AFRICAN COPPER) -

It has come to the attention of the Company that during the course of today the Botswana Pula 150,000,000 bonds issued by its wholly owned subsidiary Messina Copper (Botswana) (Proprietary) Limited ("Messina") and held by Botswana institutions (the "Bonds") have been purchased by a third party. While the African Copper Directors cannot be certain of the identity of the new purchaser at this time, it is believed that the Bonds have been acquired by Natasa Mining Limited.

African Copper has today received a demand for the redemption of the Bonds calling for immediate repayment of the entire principal amount and accrued interest thereon. This demand alleges events of default of certain terms attached to the Bonds.

The Directors are seeking legal advice in relation to Messina's obligations.

 

CONTACT INFORMATION:

African Copper Plc
Chris Fredericks
Chief Executive Officer
+27 (11) 467 2360
cfredericks@africancopper.com

or

African Copper Plc
Brad Kipp
Chief Financial Officer
(416) 847 4866
bradk@africancopper.com
www.africancopper.com

or

Numis Securities Limited
John Harrison
(Nominated Adviser)
+44 (9) 20 7260 1000

or

Numis Securities Limited
James Black
(Corporate Broker)
+44 (9) 20 7260 1000

INDUSTRY: Manufacturing and Production - Mining and Metals

 

 

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In the News and Medias of African Copper Plc
12/3/2010African Copper expects Botswana to grant Thakadu licence bef...
4/1/2010African Copper gets $10m loan from ZCI
2/16/2010African Copper posts profit as Botswana mine resumes output
1/21/2010African Copper moves to ramp-up Botswana mine to full capaci...
11/17/2009African Copper focuses on increasing Mowana’s volumes – CEO
8/19/2009Top African copper producer urged to draw up mining policy t...
8/14/2009African Copper to reopen Botswana mine by month-end
6/19/2009ZCI enters into new loan agreement with African Copper
5/26/2009African Copper repays Natasa Mining
5/21/2009African Copper will delist from TSX
5/21/2009ZCI increases stake in African Copper to 82%
5/18/2009ZCI to provide additional funding to African Copper
5/18/2009ZCI to give African Copper with $25.4m extra funds
5/16/2009African Copper Plc: Natasa Mining Limited (”Natasa”) Announc...
5/16/2009African Copper Announces Delay in Filing Interim Financial S...
5/15/2009African Copper Plc: Transfer and Demand for Repayment of Bon...
5/14/2009African Copper plc: Disclosure of Shareholding
5/11/2009ZCI agrees to provide African Copper with $22,5m financing p...
5/2/2009African Copper Plc: Alternative Offer to Bondholders by Nata...
4/17/2009ZCI bids $22.5 million for African Copper
4/17/2009ZCI bids $22.5 million for African Copper
4/3/2009African copper belt, future of the industry?
Annual reports of African Copper Plc
2008 Annual Report
Annual Report and Accounts 2007
2007 annual Report
Financings of African Copper Plc
1/18/2010ZCI replaces African Copper bridging loans with secured cred...
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
2/9/2010African Copper continues search for Mowana manager
11/30/2009Extension of Loan Facility and Appointment of General Manage...
10/29/2009African Copper appoints Zambia professor to board
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
6/30/2010Fifteen Months Period Ended 31 March 2010 Financial Results
2/16/2010Fourth Quarter 2009 Financial Results
Project news of African Copper Plc
6/24/2011(Matsitama)Matsitama Minerals Licence Extensions and Exploration Update
12/13/2010(Thakadu)(angl) Thakadu has received an interim mining licence for t...
9/24/2010Production and Exploration 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
12/3/2010Half-Year Results
9/24/2010(AIM: ACU, BSE: African Copper) Result of AGM
8/26/2010Notice of Annual General Meeting
6/9/2010Change of Advisor's Names
5/4/2010Operational Update
4/1/2010Financing and Trading Update
2/1/20101 February 2010
1/21/2010Operational Update
1/18/2010Zambia Copper Investments ("ZCI") has received shareholder a...
12/10/2009Chris Fredericks resigned as a director and Chief Executive ...
11/30/2009Change in Year End
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...
5/12/2009Agreement Between ZCI and Moolman
5/10/2009Agreement Between African Copper and Zambia Copper Investmen...
5/8/2009Update
5/7/2009Results of Extraordinary General Meeting
5/1/2009Alternative Offer to Bondholders by Natasa Mining Limited
4/29/2009Revised Offer of Finance From Zambia Copper Investments Limi...
4/16/200916 April 2009
4/9/2009Proposed equity Subscription and Debt for Equity Swap
3/16/2009Press Release
2/17/2009 Toronto Stock Exchange (“TSX”) is reviewing the eligibility...
11/12/2008Nets US$4.75 Million From Sale of Copper Put Options
8/15/2008Half Yearly Report
8/6/2008Disclosure of Shareholding
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)
1.44-7.26%0.023+43.75%
AIM
1.44
05/24 15:29 -0.110
-7.26%
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