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Temporary Suspension

12th Nov 2008 07:00

RNS Number : 9570H
Central African Gold PLC
12 November 2008
 



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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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