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COAL OF AFRICA LIMITED - Notice issued under section 708 (5) (E) of Corporations Act 2001 (CTH)

Release Date: 23/01/2013 12:18
Code(s): CZA     PDF:  
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Notice issued under section 708 (5) (E) of Corporations Act 2001 (CTH)

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


ANNOUNCEMENT        
23 January 2013


NOTICE ISSUED UNDER SECTION 708A(5)(E) OF THE CORPORATIONS ACT 2001 (CTH)

Further to the announcements of 1 October 2012 and 9 January 2013, Coal of Africa Limited ("CoAL" or the
"Company") advises that it has issued 49,483,516 fully paid ordinary shares in the Company (“Shares”), pursuant to
the Subscription Agreement between the Company and Haohua Energy International (Hong Kong) Co. Limited.

Application has been made for the Shares to be admitted to trading on the AIM market of the London Stock Exchange
(“AIM”). Admission to trading on AIM is expected to become effective on or around 29 January 2013. The shares will
rank pari passu with the Company’s existing ordinary shares of nil par value. Application for quotation of the Shares
will also be made to the Australian Securities Exchange and the Main Board of the JSE Limited.

Following Admission there will be 850,434,550 shares in issue.

In accordance with the requirements of section 708A(6) Corporations Act 2011 (Cth) (Corporations Act), CoAL
notifies ASX that:

a)     the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

b)     this notice is being given under section 708A(5)(e) of the Corporations Act;

c)     as at the date of this notice, CoAL has complied with:

       i) the provisions of chapter 2M of the Corporations Act (other than section 319 in relation to a financial year
            ended in the calendar year 2004) as they apply to CoAL; and

       ii) section 674 of the Corporations Act; and

d)     as at the date of this notice, there is no information that is “excluded information” required to be set out in this
       notice by virtue of sections 708A(7) and 708A(8) of the Corporations Act.

AUTHORISED BY:
John Wallington
Chief Executive Officer
________________________________________________________________________________________________________
For more information contact:
David Brown                                     Chairman                                              Coal of Africa                                        +27 11 575 4363
John Wallington                                 Chief Executive Officer                               Coal of Africa                                        +27 11 575 4363
Sakhile Ndlovu                                  Investor Relations                                    Coal of Africa                                        +27 11 575 6858
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
Chris Sim/Neil Elliot                           Nominated Adviser                                     Investec Bank plc                                     +44 20 7597 5970
Charmane Russell/James Duncan                   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, including CoAL’s Makhado Project (coking coal) and the Mooiplaats and Woestalleen Collieries (both
thermal coal). Vele Colliery commenced extraction of ROM material in December 2011 and had produced 254 760 m³ of ROM tonnes of thermal coal by the end
of first quarter 2013.




                 Suite 8,7 The Esplanade, Mt Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9315 5475, Email: perth@coalofafrica.com ACN 008 905388
  ZA: 2nd Floor, Gabba Building, The Campus, 57 Sloane Street, Bryanston, Johannesburg, South Africa 2021, Tel: +27 11 575 4363, Fax: +27 11 576 7484, Email: adminza@coalofafrica.co.za
                                 UK: 5th Floor, 33 St. James’s Street, London, SW1A 1HD, United Kingdom, Tel: +44 (0) 20 7839 8840, Fax: +44 (0) 20 7004 0959


                                          David H. Brown - Chairman, John N. Wallington - Chief executive officer, Professor N. A. Nevhutanda - Corporate affairs director
                                            Non-executive directors: Peter G. Cordin, Khomotso B. Mosehla , Dave J. K. Murray, Bernard R. Pryor, Rudolph H. Torlage

Date: 23/01/2013 12:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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