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ZCI LIMITED - Cautionary Announcement

Release Date: 09/10/2015 16:00
Code(s): ZCI     PDF:  
Wrap Text
Cautionary Announcement

ZCI Limited
(Bermudian registration number 661:1969)
(South African registration number 1970/000023/10)
JSE share code: ZCI
ISIN: BMG9887P1068
Euronext share code: BMG9887P1068
("ZCI" or "the Company" or “the Group”)

CAUTIONARY UPDATE RENEWAL: FUNDING OF AFRICAN COPPER PLC

Further to the funding announcement released on SENS on 7 May 2015, wherein
shareholders were advised of additional funding provided by the Copperbelt Development
Foundation (“CDF”), the ultimate controlling shareholder of the Company, to the Company’s
subsidiary, African Copper PLC (“ACU"), of US$1.5 million and the Cautionary
Announcements released on 7 May 2015 and 19 June 2015 regarding the Group’s additional
funding requirements, and the funding announcement released on SENS on 10 July 2015
wherein Shareholders were advised that ACU received a further US$2 million funding from
CDF, and the funding announcement released on SENS on 1 September 2015 wherein
Shareholders were advised that ACU received a further unsecured loan facility of US$1
million from CDF.

Shareholders are advised that ZCI and ACU are still currently running processes to secure
additional long term funding. Accordingly, shareholders are advised to continue exercising
caution when dealing in the Company’s securities until a further announcement is made.

As more information becomes available, the Company shall provide further updates.

9 October 2015
Bermuda
Sponsor: Bridge Capital Advisors (Proprietary) Limited

Date: 09/10/2015 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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,
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