Nzuri Copper Limited

Equities

NZC

AU000000NZC9

End-of-day quote Australian S.E. Other stock markets			5-day change	1st Jan Change
- ^AUD	-.--%		-0.68%	+25.86%

2020	Nzuri Copper Limited Announces Board Changes	CI
2020	Xuchen International Co., Ltd. completed the acquisition of Nzuri Copper Limited from Ndovu Capital VI B.V., La Generale Industrielle et Commerciale au Congo SPRL, Huayou International Mining (Hong Kong) Limited, Tembo Capital Management Ltd, Zhejiang Huayou Cobalt Co., Ltd and others.	CI

Nzuri Copper : Suspension from Official Quotation

February 28, 2020 at 03:44 am EST

Market Announcement

28 February 2020

Nzuri Copper Limited (ASX: NZC) - Suspension from Official Quotation

Description

The securities of Nzuri Copper Limited ('NZC') will be suspended from quotation at the close of trading today, Friday, 28 February 2020, in accordance with Listing Rule 17.2, following lodgement of the Supreme Court of Western Australia orders with the Australian Securities and Investments Commission approving the scheme of arrangement by which Xuchen International Limited, a subsidiary of Chengtun Mining Group Co., Ltd, will acquire all of the issued shares in NZC.

Issued by

Sandra Wutete

Senior Adviser, Listings Compliance (Perth)

28 February 2020	Market Announcement 1/1
ASX Limited	ASX Customer Service Centre 131 279 \| asx.com.au

28 February 2020

ASX: NZC

Ms Sandra Wutete

Senior Adviser, Listings Compliance

ASX Compliance Pty Ltd

Level 40, Central Park

152-158 St Georges Terrace

Perth WA 6000

Sent by email:Sandra.Wutete@asx.com.autradinghaltsperth@asx.com.au

Dear Sandra

Nzuri Copper Limited - Request for Suspension of Quotation

Pursuant to ASX Listing Rule 17.2, Nzuri Copper Limited (Nzuri) requests the suspension from official quotation of its ordinary shares, effective from the close of trading today (being 28 February 2020).

The suspension request follows the orders made by the Supreme Court of Western Australia (Orders) on

27 February 2020 approving the scheme of arrangement by which it is proposed that Nzuri will be acquired by Xuchen International Limited, a subsidiary of Chengtun Mining Group Co., Ltd. (Scheme).

Nzuri confirms that it has lodged a copy of the Orders with the Australian Securities and Investments Commission (ASIC) today and the Scheme has become legally effective.

Nzuri provides the following information in accordance with ASX Listing Rule 17.2:

Nzuri requests suspension from official quotation of its securities following lodgement with ASIC of the Orders, to facilitate implementation of the Scheme.
Nzuri requests the suspension of its securities from official quotation continues until Nzuri requests to be removed from the official list of ASX, which is anticipated to occur on or around 12 March 2020, following implementation of the Scheme.
The request for removal from the official list is expected to be made following the implementation of the Scheme, which is expected to occur on 11 March 2020. That request will specify a date shortly thereafter for the removal to take effect.
Nzuri is not aware of any reason why its securities should not be suspended in accordance with this request.
Nzuri is not aware of any other information necessary to inform the market about the suspension. Yours sincerely
[Sent electronically without signature]

Hannah Hudson

Company Secretary & Chief Financial Officer

Doc ID 682655853/v2

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Nzuri Copper Limited published this content on 28 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2020 08:43:09 UTC

Latest news about Nzuri Copper Limited

Nzuri Copper Limited Announces Board Changes	20-03-11	CI
Xuchen International Co., Ltd. completed the acquisition of Nzuri Copper Limited from Ndovu Capital VI B.V., La Generale Industrielle et Commerciale au Congo SPRL, Huayou International Mining (Hong Kong) Limited, Tembo Capital Management Ltd, Zhejiang Huayou Cobalt Co., Ltd and others.	20-03-10	CI
Regal Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2019	19-09-29	CI
Nzuri Copper Limited Reports Earnings Results for the Half Year Ended December 31, 2018	19-03-15	CI
Xuchen International Co., Ltd. entered into a scheme implementation deed to acquire Nzuri Copper Limited from Ndovu Capital VI B.V., La Generale Industrielle et Commerciale au Congo SPRL, Huayou International Mining (Hong Kong) Limited, Tembo Capital Management Ltd, Zhejiang Huayou Cobalt Co., Ltd and others for approximately AUD 110 million.	19-02-26	CI
Nzuri Copper Limited Announces Exploration Update	19-01-20	CI
Nzuri Copper Limited Announces the Near-Mine Exploration at Its Kalongwe Copper-Cobalt Project	18-10-02	CI
Nzuri Copper Limited Reports Audited Consolidated and Parent Company Earnings Results Year Ended June 30, 2018	18-09-30	CI
Nzuri Copper Limited Announces Management Changes	18-07-01	CI
Nzuri Copper Limited Announces Significant New Drilling and Trenching Results from Its Ongoing Exploration Program on the Kalongwe Mining Licence at Its 85%-Owned Kalongwe Copper-Cobalt Project	18-06-20	CI
Nzuri Copper Limited announced that it has received AUD 6 million in funding from Huayou International Mining (Hong Kong) Limited, Tembo Capital Management Ltd, and other investors	18-06-06	CI
Nzuri Copper Limited announced that it expects to receive AUD 5.99 million in funding from Huayou International Mining (Hong Kong) Limited, Tembo Capital Management Ltd	18-05-29	CI
Nzuri Copper Limited Completes an Updated Feasibility Study for the Proposed Stage 1 Development of Its 85%-Owned Kalongwe Copper-Cobalt Project	18-04-15	CI
Nzuri Copper Appoints Ean Alexander as Non-Executive Director	18-04-02	CI
Nzuri Copper Limited Announces 2018 Exploration Program as Drilling Commences At New High-Grade Cobalt Target	18-04-02	CI
Nzuri Copper Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2017	18-03-12	CI
Nzuri Copper Limited Announces Board Changes	18-02-28	CI
Nzuri Copper Limited Names Mr. Hongliang Chen as Non-Executive Director, with Effect from 1 February 2018	18-01-29	CI
Nzuri Copper Limited Provides an Update on Its Ongoing Exploration Program Within the Fold & Thrust Belt JV	18-01-21	CI
Nzuri Copper Limited Announces Contracts to Advance Development and Optimization Studies	18-01-15	CI
Nzuri Copper Limited announced that it has received AUD 10 million in funding from Huayou International Mining (Hong Kong) Limited	18-01-08	CI
Nzuri Copper Limited announced that it expects to receive AUD 10 million in funding from Huayou International Mining (Hong Kong) Limited	17-12-12	CI
Nzuri Copper Limited Provides Exploration Update at Kasangasi and Monwezi West	17-10-16	CI
Nzuri Copper Limited Reports Audited Consolidated and Parent Company Earnings Results Year Ended June 30, 2017	17-09-29	CI
Nzuri Copper Limited Commences a Major High- Resolution Aeromagnetic Survey over its Entire 342km2 Fold Thrust Belt JV Exploration Project	17-09-26	CI

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Company Profile

Nzuri Copper Limited, formerly Regal Resources Limited, is an Australia-based minerals company. The Company is focused on the identification, acquisition, development and operation of high grade copper and cobalt projects in the Katangan Copperbelt of the Democratic Republic of the Congo (DRC). The Company's project is Kalongwe Copper-Cobalt deposit (Kalongwe project), which is located in the Lualaba Province of the DRC and is situated towards the western end of the Central African Copperbelt. Kalongwe hosts a near-surface Joint Ore Reserves Committee (JORC) resource of approximately 302,000 tons contained copper and over 42,000 tons contained cobalt as predominantly oxide ore. The Company manages the Fold and Thrust Belt Joint Venture (FTBJV), which covers an area of the western Lufilian Arc. FTBJV covers an area of approximately 350 square kilometers in a highly prospective part of the western Katangan Copperbelt. It hosts various targets on the prospective Mine Series rocks.

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