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Director Dealings

22 February 2013

 

Director Dealings

 

The Group was notified on 21 February 2013 that Actium Resources Ltd. (a company in which Gualtiero Giori has a 60 per cent. interest) purchased 150,000 ordinary shares of nil par value (“Ordinary Shares”) on 14th February 2013 at a price of 51 pence per Ordinary Share.  Following this transaction, Gualtiero Giori, a non-executive director of the Company, is interested in an aggregate 35,889,079* Ordinary Shares, representing approximately 12.46 per cent. of the Company's issued ordinary share capital.

 

Note

*22,954,857 Ordinary Shares are held by Colosseum Holdings Ltd. (a company in which Gualtiero Giori has a 60 per cent. interest) and the balance of 12,934,222 Ordinary Shares are held by Actium Resources Ltd.

 

For further information:

West African Minerals Corporation

Denham Eke

Chief Financial Officer

 

Donna Yoshimatsu

Investor Relations and Corporate Secretary

 

+44 (0) 1624 639396

 

 

+1 (416) 722-2456

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish

Michael Cornish

 

+44 (0)20 7628 3396

Investec Bank PLC (Broker)

Neil Elliot

 Mark Wellesley-Wood

+44 (0)20 7597 5970

GTH Communications

Toby Hall

Suzanne Johnson Walsh

+44 (0) 20 7822/7493/7492

About West African Minerals Corporation

West African Minerals Corporation (AIM: WAFM) is an iron ore mining and exploration group focused on West Africa with interests in iron ore exploration licences in Cameroon and Sierra Leone. Further information on the Group is available at www.westafricanminerals.com.

 

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