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COAL OF AFRICA LIMITED - Despatch of Notice of General Meeting

Release Date: 14/08/2015 13:00
Code(s): CZA     PDF:  
Wrap Text
Despatch of Notice of General Meeting

 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                                                                               14 August 2015




                                   Despatch of Notice of General Meeting

Coal of Africa Limited ("CoAL" or "the Company"), the coal exploration, development and mining company
operating in South Africa and traded on the ASX, AIM and JSE (ticker ‘CZA’), announces that it has dispatched
its Notice of General Meeting and accompanying proxy forms for the meeting to be held at 10am (BST) on 14
September 2015. The documents have been posted to shareholders and are available on
the Company`s website www.coalofafrica.com. As previously announced, the Extraordinary General Meeting
(“EGM”) is being held to consider and, if thought fit, approve the issue of up to 183,231,261 new shares in
the Company at an issue price of GBP0.0515 per share for an aggregate gross consideration of approximately
GBP9.4 million (approximately US$14.7 million), which is currently held in escrow.


The shares are to be issued to Yishun Brightrise Investment PTE Limited (“Yishun”). Yishun is a private
investment company with a focus on mineral investments and has interests in coal and nickel in both China
and Indonesia and will via this transaction expand its investments into Africa.


The meeting will be held at:
Tavistock Communications, 8th Floor, 131 Finsbury Pavement, London, EC2A 1NT.



AUTHORISED BY:

Tony Bevan

Company Secretary
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
Celeste Riekert                                                Investor Relations                                   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                                    Peel Hunt LLP                  +44 20 7418 8900

Charmane Russell/Jane Kamau                                    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,
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla ,Thabo F Mosololi, Rudolph H. Torlage

Date: 14/08/2015 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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