SMA Sovereign Mne

TIDMSMA

RNS Number : 3143D

Sovereign Mines of Africa PLC

26 October 2015

26 October 2015

Sovereign Mines of Africa PLC

("SMA" or "the Company")

Update on exclusivity period and discussions with potential partner

Further to the announcement made by the Company on 14 October 2015 titled "Update on exclusivity period with potential partner", the Company announces that the exclusivity period has now lapsed, however the Company remains in discussions with the potential partner with a view to reaching a formal agreement relating to the Company's Mandiana project.

There can, at this time, be no guarantee that such an agreement will be entered into, a further announcement will be made in due course when a formal agreement is entered into or the discussions are terminated.

Ends

Enquiries:

SOVEREIGN MINES OF AFRICA PLC

   David Pearl, F.C.A. - Chairman                                             +353 696 8961 

david.pearl@pearlcp.com

   Nathan Steinberg - Finance Director                                     +44 20 7269 7680 

SHORE CAPITAL - NOMINATED ADVISER & BROKER

Toby Gibbs/Bidhi Bhoma - Corporate Finance

   Jerry Keen - Corporate Broking                                              +44 20 7408 4090 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 26, 2015 03:00 ET (07:00 GMT)

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