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African Eagle Resources PLC (AEAJ.J)

AEAJ.J on Johannesburg Stock Exchange

5.00ZAX
8 Aug 2014
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Latest Key Developments (Source: Significant Developments)

African Eagle Resources PLC update on proposed acquisition of Lime-Chem Resources (Proprietary) Limited
Wednesday, 11 Feb 2015 10:30am EST 

African Eagle Resources PLC:Provide an update to the announcements made on the Nov. 20, 2014 and on Dec. 01, 2014 in relation to the proposed acquisition of Lime-Chem Resources (Proprietary) Limited.Subsequent to the previous announcements and during the process of progressing the transaction company has identified aspects of the transaction that have necessitated changes to the previously announced terms.Those changes are currently still under discussion with the vendors and as a consequence there can be no guarantee that the previously announced timetable will be adhered to or that the transaction will complete.Intends to update shareholders of progress in relation to proposed acquisition of Lime-Chem Resources (Proprietary) Limited via website and the SENS system of the JSE Limited.  Full Article