COAL OF AFRICA LIMITED - Settlement of Rio Tinto Repayment

Settlement of Rio Tinto Repayment

Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000CZA6
JSE/ASX/AIM share code: CZA



ANNOUNCEMENT                                                                                                                                          05 JULY 2017



                                                             SETTLEMENT OF RIO TINTO REPAYMENT



Coal of Africa Limited (“CoAL”) and its subsidiary company, MbeuYashu Proprietary Limited (“MbeuYashu”)
are pleased to announce that CoAL has fulfilled all its obligations to Rio Tinto Minerals Development Limited
(Rio Tinto) in June 2017 in relation to the agreements under which MbeuYashu acquired interest in Chapudi
Coal Proprietary Limited and Kwezi Mining Exploration Proprietary Limited.



David Brown, Chief Executive Officer of CoAL commented, “The final repayment and completion of the Rio
Tinto Chapudi transaction is a milestone for the company, as it resolves the outstanding legacy issues which
have plagued the company for the past 5 years. We continue to focus on progressing our flagship Makhado
Project which will deliver significant value for all our stakeholders.”



For more information contact:
David Brown                                                    Chief Executive Officer                             Coal of Africa                  +27 10 003 8000
De Wet Schutte                                                 Chief Financial Officer                             Coal of Africa                  +27 10 003 8000
Tony Bevan                                                     Company Secretary                                   Endeavour Corporate Services    +61 08 9316 9100

Company advisors:
Jos Simson/Emily Fenton                                        Financial PR (United Kingdom)                        Tavistock                     +44 20 7920 3150
Matthew Armitt/Ross Allister                                   Nominated Adviser and Broker                         Peel Hunt LLP                 +44 20 7418 8900

Charmane Russell/Olwen Auret                                   Financial PR (South Africa)                          Russell & Associates          +27 11 880 3924 or
                                                                                                                                                  +27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor

About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL’s key projects
include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL’s Makhado Project
(coking and thermal coal).




AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475
ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com

Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer, De Wet O Schutte
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla ,Thabo F Mosololi, Rudolph H. Torlage, Shangren Ding

Date: 05/07/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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