African Copper Plc: Revocation of Cease Trade Order

* Reuters is not responsible for the content in this press release.

Fri Jun 26, 2009 3:56pm EDT

  LONDON, UNITED KINGDOM, Jun 26 (MARKET WIRE) -- 
African Copper PLC (the "Company") (AIM: ACU)(BOTSWANA:AFRICAN COPPER)
announces that the Ontario Securities Commission (the "Commission") has
granted a full revocation (the "Revocation") of the cease trade order
imposed in Canada by the Commission against the securities of the
Company. The cease trade orders of the other securities regulatory
authorities, which were imposed in Canada following the imposition of the
cease trade order by the Commission, are also expected to be revoked
within the next few days.

    The cease trade orders had been imposed for failure by the Company to
file its interim consolidated financial statements for the three-month
period ended March 31, 2009 and related management discussion and
analysis (the "Interim Materials") within the time required by Canadian
National Instrument 51-102 Continuous Disclosure Obligations. The reasons
for the delay in the completion and filing of the Interim Materials were
disclosed in the Company's news release dated May 15, 2009.

    The Company filed the Interim Materials on June 22, 2009. The Interim
Materials can be reviewed on SEDAR under the Company's profile at
www.sedar.com or on the Company's website at www.africancopper.com.

    This news release contains forward-looking information which is not
comprised of historical facts. Forward-looking information involves
risks, uncertainties and other factors that could cause actual events,
results, performance, prospects and opportunities to differ materially
from those expressed or implied by such forward-looking information.
Forward-looking information in this news release includes the Company's
expectation with respect to obtaining the revocation of all the
outstanding cease trade orders of the other securities regulatory
authorities and the anticipated timing of such revocations. Factors that
could cause actual results to differ materially from such forward-looking
information include, but are not limited to, the risks set out in the
Company's public documents filed on SEDAR. Although the Company believes
that the assumptions and factors used in preparing the forward-looking
information in this news release are reasonable, undue reliance should
not be placed on such information, which only applies as of the date of
this news release, and no assurance can be given that such events will
occur in the disclosed time frames or at all. The Company disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or
otherwise, other than as required by law.

Contacts:
African Copper Plc
Brad Kipp
Chief Financial Officer
(647) 588-8025
bradk@africancopper.com

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.