CAN Central A.G.

 

TIDMCAN 
 
RNS Number : 8305R 
Central African Gold PLC 
31 August 2010 
 

 Central African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining 
31 August 2010 
                Central African Gold Plc ('CAG' or 'the Company') 
                          Business Acquisition Report 
 
CAG is pleased to provide the following announcement (the "Announcement"), 
which New Dawn Mining Corp. ("NDM") (TSX: ND) has filed as a Form 51-102F4  - 
Business Acquisition Report with Canadian securities regulators on SEDAR 
(www.sedar.com), as it relates to New Dawn's acquisition of an 89% shareholding 
in CAG on June 16, 2010 as required under Canadian securities laws. 
 
Please see the attached link to view the Business Acquisition Report. 
http://www.rns-pdf.londonstockexchange.com/rns/8305R_-2010-8-30.pdf 
 
The Announcement relates to the acquisition of the c. 89% shareholding NDM 
acquired in CAG on June 16, 2010 and contains financial information relating to 
CAG, including, inter alia, for the period January 1, 2009 to June 15, 2010, the 
day prior to NDM's acquisition of its c. 89% stake in CAG. This information is 
unaudited, has been prepared by NDM and does not replace the unaudited interim 
results for CAG, for the six months ended June 30, 2010, which CAG anticipates 
releasing on, or prior to, September 30, 2010. 
 
                                  * * ENDS * * 
 
For further information please visit www.centralafricangold.comor contact: 
 
+-------------+------------------------+---------------------+ 
| Roy         | Central African Gold   | Tel: +44(0)77 9390  | 
| Pitchford   | Plc                    | 9985                | 
+-------------+------------------------+---------------------+ 
| Stuart      | Strand Hanson Limited  | Tel: +44(0)20 7409  | 
| Faulkner /  |                        | 3494                | 
| James       |                        |                     | 
| Spinney     |                        |                     | 
+-------------+------------------------+---------------------+ 
| Hugo de     | St Brides Media and    | Tel: +44(0)20 7236  | 
| Salis /     | Finance Ltd            | 1177                | 
| Felicity    |                        |                     | 
| Edwards     |                        |                     | 
+-------------+------------------------+---------------------+ 
 
Notes to Editors 
 
CAG 
 
Central African Gold Plc is a gold mining company with a portfolio of 
production, development and exploration assets primarily in Zimbabwe, where the 
Company operates through two subsidiaries, Falcon Gold Zimbabwe Limited (84.7 
per cent. owned) and Olympus Gold Mines Limited (100 per cent. owned).  Through 
these subsidiaries CAG has four main gold mines, the Dalny, Old Nic, Golden 
Quarry and Camperdown mines, which arelocated in the highly prospective Kadoma, 
Shurugwi and Bulawayo gold regions in Zimbabwe. 
 
NDM 
 
The Company's 88.68% shareholder is TSX listed New Dawn Mining Corp. a gold 
company with a broad portfolio of production and exploration assets also in 
Zimbabwe.   NDM owns and operates the Turk and Angelus Mines in the upper 
southwest area of Zimbabwe which it believes have the potential to produce an 
estimated 35,000 to 50,000 ounces of gold per annum.  It is NDM's objective to 
orchestrate the development of CAG's mining operations and exploration 
portfolio, as well as its own, to become a mid-tier gold producer focussed in 
Zimbabwe, with a consolidated annualised gold production to between 50,000 and 
60,000 ounces within the next 18 to 24 months, increasing to 100,000 ounces by 
2014, and then ultimately to 200,000 to 250,000 ounces. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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