African Eagle Resources Regulatory News (AFE)

11 Jun 2007 12:37

African Eagle Resources PLC11 June 2007 AFRICAN EAGLE RESOURCES plc HOLDING IN THE COMPANY African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE)has been notified that JP Morgan Fleming Asset Management holds a total of11,977,361 ordinary shares in the Company, which represents approximately 7.78%of the total voting rights of the Company. Bevan MetcalfCompany SecretaryAfrican Eagle Resources plc11 June 2007 For further information, see the Company's web site www.africaneagle.co.uk orcontact one of the following: Mark ParkerManaging Director+44 20 7248 6059+44 77 5640 6899 Nicola MarrinSeymour Pierce+44 20 7107 8000 Ed Portman/ Leesa PetersConduit PR+44 20 7429 6607 About African Eagle African Eagle is a mineral exploration and development company operating ineastern and central Africa. The Company's principal advanced projects are theMkushi Copper Mines project in Zambia and the Miyabi gold project in Tanzania,which are being prioritised towards production. The Company also holds a largewell-balanced portfolio of promising earlier stage gold and base metal projects,including the Ndola copper project and the Eagle Eye iron-oxide copper goldproject. African Eagle's projects are in Zambia, Tanzania and Mozambique, countries whichall have highly prospective geology, relatively low above-ground risks and trackrecords of successful major investments in the metals and minerals industries. African Eagle specialises in project generation and exploration and has a highlymotivated team, proven management and an experienced board. To take itsdiscoveries into production, it seeks to sign up industry partners with recordsof successful mine development. These joint ventures and, in time, the revenuefrom advanced projects, will finance future exploration and new discoveries. This information is provided by RNS The company news service from the London Stock Exchange