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17 Nov 2014 07:00
ANNOUNCEMENT 17 November 2014
Director Share Purchases
Coal of Africa Limited (the "Company") advises that it was informed on 14 November 2014 that on the 13th and 14th November 2014, Peter Cordin, Non-Executive Director of the Company purchased a total of 500,000 ordinary shares of no par value in the Company at an average price of 0.06 AUD ("Ordinary Shares") per share.
The shares are held by Cordin Pty Ltd as trustee of the Cordin Superannuation Fund. Mr Cordin is a Director of Cordin Pty Ltd and a beneficiary of the Super Fund. Following the share purchase Peter Cordin is the beneficial owner of 1,371,059 ordinary shares representing 0.105% of the Companies issued share capital.
For more information contact:
David Brown | Chief Executive Officer | Coal of Africa | +27 10 003 8000 |
Michael Meeser | Chief Financial Officer | Coal of Africa | +27 10 003 8000 |
Celeste Harris | Investor Relations | Coal of Africa | +27 10 003 8038 |
Tony Bevan | Company Secretary | Endeavour Corporate Services | +61 8 9316 9100 |
Company advisors:
Jos Simson/Emily Fenton | Financial PR (United Kingdom) | Tavistock | +44 20 7920 3150 |
Chris Sim/Jeremy Ellis | Nominated Adviser | Investec Bank plc | +44 20 7597 5970 |
Charmane Russell/Jane Kamau | Financial PR (South Africa) | Russell & Associates | +27 11 880 3924 or +27 82 372 5816 |
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project (coking and thermal coal).
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