27th Dec 2006 07:01
Central African Gold PLC27 December 2006 27 December 2006 Central African Gold Plc ("CAG" or "the Company") Issue of Equity Pursuant to the placing to help fund the acquisition of the Bibiani gold mineand related assets, as announced on 20 December 2006, whereby AngloGold AshantiLimited subscribed for US$3 million of CAG shares at the 20 day volume weightedaverage price as at close of business on 20 December 2006 (equivalent to 9.64pence per share), the Company has made application for 15,825,902 OrdinaryShares of 0.1 pence each to be admitted to trading on AIM. Admission of the newOrdinary Shares is expected to become effective on or around 28 December 2006. Additionally, the Company has made application for a further 11,300,000 newOrdinary Shares of 0.1 pence each by way of a separate placing to an institutionat 9 pence per share. Admission of the new Ordinary Shares is expected to becomeeffective on or around 28 December 2006. All new Ordinary Shares will rank pari passu to the existing Ordinary Shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Canal+