13th Feb 2013 16:41
For Immediate Release 13 February 2013
West African Minerals Corporation
("WAFM" or "Group")
Director Dealings
The Group was notified today that Regent Mercantile Holdings Limited (a company owned by a trust under which Stephen Dattels is a beneficiary) has completed the acquisition, at a price of 51 pence per share, of 500,000 ordinary shares of nil par value ("Ordinary Shares"). Following this transaction, Stephen Dattels* is interested in 26,672,906 Ordinary Shares, representing approximately 9.26 per cent. of the Company's issued ordinary share capital.
Note
*Stephen Dattels Ordinary Shares are held by Regent Mercantile Holdings Limited, a company owned by a trust under which Stephen Dattels is a beneficiary.
For further information:
West African Minerals Corporation | Denham Eke Chief Financial Officer
Donna Yoshimatsu Investor Relations and Corporate Secretary
| +44 (0) 1624 639396
+1 (416) 722-2456 |
Beaumont Cornish Limited (Nominated Adviser) | Roland Cornish Michael Cornish
| +44 (0)20 7628 3396 |
Investec Bank PLC (Broker) | Neil Elliot Mark Wellesley-Wood
| +44 (0)20 7597 5970 |
GTH Communications | Toby Hall Suzanne Johnson Walsh | +44 (0) 7822 7493/7492 |
About West African Minerals Corporation
West African Minerals Corporation (AIM: WAFM) is an iron ore mining and exploration group focused on West Africa with interests in iron ore exploration licences in Cameroon and Sierra Leone. Further information on the Group is available at www.westafricanminerals.com.
Related Shares:
OKYO.L