31st May 2005 07:00
African Eagle Resources PLC31 May 2005 AFRICAN EAGLE RESOURCES plc HOLDINGS IN COMPANY ISSUE OF SHARES African Eagle Resources plc (the Company, Ticker: AFE.L) has been notified thatMorgan Stanley Securities Limited (MSSL) has disposed of an interest in shares,which results in MSSL no longer holding a notifiable interest in the Company. The Company has also been informed by RAB Capital that following an internalreorganisation the interest in shares previously beneficially owned by RABSpecial Situations is now beneficially owned by RAB Special Situations (Master)Fund Limited. The Company also announces that shares have been allotted to the holders of70,000 warrants who have exercised at a price of 6p per share. These exercisesbring the total number of shares in issue to 103,934,962. The Company has made application for the new shares to be admitted to trading onAIM Bevan MetcalfCompany Secretary 31 May 2005 For further information Tel Mobile John Park (Chairman) African Eagle 020 7248 6059 077 7980 1159or Mark Parker (MD) Leesa Peters Conduit PR 020 7618 8534 07900 322 022or Amanda Harris Simon Leathers or Evolution Securities 020 7071 4315Lloyd Thomas 020 7071 4389 Note to editors African Eagle is an AIM-listed exploration company active in East Africa. TheCompany's strategy is to build up an asset base by discovering or acquiring goldand other mineral deposits, and to realise value for shareholders by selling orspinning-off successful projects or though a takeover of the Company. See our web site www.africaneagle.co.uk for information about the company andits projects, and to view past news releases. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
African Eagle Resources