African Eagle Resources PLC: Receipt of AU$50,000 from Syrah Resources Limited

11 November 2013





African Eagle Resources plc

("African Eagle" or the "Company")



Receipt of AU$50,000 from Syrah Resources Ltd.



African Eagle (AIM: AFE, AltX: AEA) is pleased to announce that further to the
announcement of 18 June 2013 the remaining conditions precedent for the revised
agreement with Jacana Resources Limited dated 25 October 2011 have now been
fulfilled and the outstanding consideration of AU$50,000 has today been received
by the Company from Syrah Resources Ltd..





For further information, please visit www.africaneagle.co.uk or contact:



African Eagle Resources plc

Robert McLearon, Managing Director

+44 20 7248 6059



Strand Hanson Limited (NOMAD)

Stuart Faulkner

Angela Hallett

James Dance

+ 44 20 7409 3494



Ocean Equities Limited (Broker)

Guy Wilkes

+44 20 7786 4370










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Source: African Eagle Resources plc via Thomson Reuters ONE
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