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Anglo-African Minerals plc (AAM)

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Thursday 28 May, 2015

Anglo-African Minerals plc

AGM Statement


PR Newswire

GXG Markets: AAM:G4 ( www.gxgmarkets.co.uk )

ISIN:IE00B66ML191

WKN: A0N9YH

London 28th May 2015.

ANGLO-AFRICAN MINERALS PLC ("AAM" or the "Company")

Anglo-African Minerals plc (GXG:AAM:G4), the GXG quoted mineral exploration
company focused on West Africa, announces that that the Company's Annual
General Meeting for 2015 was held on 12 May 2015 and that all resolutions were
passed by an overwhelming majority exceeding 66.7%.

In accordance with Rule 27 of the rules of the GXG Markets, the board of
directors of the Company gives the following information:

(a)       The Company resolved to cancel its GXG listing because its board
believes that the shares are undervalued on the GXG Markets as against its true
value to third parties and its shareholders.

(b)      The Company has made no alternative arrangements for the trading of
the Company's securities but if shareholders find acquirers for shares in the
Company, such transfers will be dealt with in the usual way by the Company's
registrars.

(c)       There is no additional information relevant to the circumstances
surrounding such cancellation.

(d)      The decision to cancel the listing of the Company's shares on the GXG
Markets was approved at the Company's AGM held on 12th May 2015 by an
overwhelming margin.

Following the passing of the resolution to cease the listing of the Company's
shares on the GXG Markets as soon as possible the Company is now liaising with
GXG Markets to finalise the delisting of the shares.

Contact details:

Mr James Lumley

Chief Executive Officer

[email protected]

Kelsey Traynor

Yellow Jersey PR

+447799003220

Notes to Editors:

Anglo African Minerals is a mineral exploration Company focused on West Africa.
The Company's main objective is to explore and advance its bauxite projects
located in the Republic of Guinea. The Company owns the rights to 4 bauxite

a d v e r t i s e m e n t