12th Nov 2008 07:00
Central African Gold Plc ("CAG" or the "Company")
Temporary suspension
CAG announces that it has today requested a temporary suspension, with immediate effect, of trading of its shares on AIM, pending clarification of the Company's financial position and its requirement for further short and medium term funding to enable the Company to continue operating.
The Company is in discussions with its bankers with regard to its short term liquidity position and is also actively exploring an equity raising.
A further announcement will be made as soon as possible.
* * ENDS * *
For further information please visit www.centralafricangold.com or contact:
Greg Hunter/ Nicole Broome |
Central African Gold Plc |
Tel: +27(0)11 676 2500 |
Stuart Faulkner/ James Spinney |
Strand Partners Limited |
Tel: +44(0)20 7409 3494 |
Martin Eales |
RBC Capital Markets |
Tel: +44(0)20 7029 7881 |
Hugo de Salis/ Felicity Edwards |
St Brides Media and Finance Ltd |
Tel: +44(0)20 7236 1177 |
Charmane Russell |
Russell and Associates |
Tel: +27(0)11 880 3924 |
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