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Published on 6/26/2007 in the Prospect News PIPE Daily.

New Issue: African Copper raises 92.05 million Botswana pula from stock sale

By Laura Lutz

Des Moines, June 26 - African Copper plc completed a private placement of shares for 92,045,492 Botswana pula.

The company sold 8,367,772 ordinary shares to a Botswana institutional investor at 11 Botswana pula per share.

African Copper is a mineral exploration and development company based in London.

Issuer:African Copper plc
Issue:Shares
Amount:92,045,492 Botswana pula
Shares:8,367,772
Price:11 Botswana pula
Warrants:No
Settlement date:June 26
Stock symbol:London: ACU
Stock price:89.50p at close June 26

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