AFRICAN EAGLE RESOURCES PLC - Cancellation of AIM Listing and Change in Status of Primary Listing

Cancellation of AIM Listing and Change in Status of Primary Listing

African Eagle Resources plc
Incorporated in England and Wales
(Registration number 3912362)
(AIM share code: AFE AIM ISIN: GB0003394813)
(JSE share code: AEA JSE ISIN: GB0003394813)
(“African Eagle” or the “Company”)


CANCELLATION OF AIM LISTING AND CHANGE IN STATUS OF PRIMARY LISTING


Further to the announcement of 11 August 2014 that the Company was suspended from trading on
AIM ("Suspension"), the Company today announces that, as its Investing Policy has not been
implemented within six months of Suspension, trading in the Company's Ordinary Shares on AIM will
be cancelled, under the AIM Rules, as from 7:00 a.m. (London time) on Thursday 12 February
2015. Accordingly, subject to compliance with the relevant requirements of the Listings Requirements
of the JSE Limited, the listing status of the Company will change from a primary listing on AIM to a
primary listing on the AltX, where the Ordinary Shares are currently suspended. An update will be
provided to shareholders in due course.

The Company will no longer maintain a website in accordance with AIM Rules.

Shareholders who require further information should seek their own personal financial advice
immediately from their stockbroker, bank manager, solicitor, accountant or, in respect of UK based
shareholders, other independent financial adviser authorised under the Financial Services and
Markets Act 2000 (as amended).



For further information:


Enquiries

African Eagle Resources plc                            Tel: +44 (0) 207 002 5361
Robert McLearon, Finance Director

Beaumont Cornish Limited (Nominated Advisor)           Tel: +44 (0) 207 628 3396
Roland Cornish / Emily Staples

11 February 2015

JSE Sponsor
Merchantec Capital

Date: 11/02/2015 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.