Issue of Equity and Acquisition of claims at Bl...

African Consolidated Resources Plc (the 'Company')

       Issue of Equity and Acquisition of claims at Blue Rock

African Consolidated  Resources  Plc, the  Zimbabwe  focused  mineral
exploration company announces that  it yesterday issued and  allotted
4,600,000 new ordinary  shares of  1p each  ('Shares') following  the
acquisition of claims at Blue Rock and the exercise of share  options
as follows.

Acquisition of claims at Blue Rock

The Company  is  pleased  to  announce  that  it  has  completed  the
acquisition of  the  entire share  capital  of two  companies  owning
claims prospective for gold at Blue Rock for consideration of £85,000
cash and 2,600,000 Shares  at a price of  13.5p per Share which  were
issued yesterday.

The Company obtained rights to prospect at Blue Rock from the  vendor
in June  2008  since when  it  has been  carrying  out  exploration.
Drilling results at Blue Rock were announced on 19 August 2008 and an
update on  structural  interpretation  was  given  in  the  Company's
Technical Report announced on 23 February 2009.

Exercise of Options

The Company also announces the issue yesterday of 2,000,000 Shares to
Notezy Pty Ltd at a price of 4.5p per Share following the exercise of
share options. Notezy Pty Ltd. provided the services of Ian Fisher, a
former director of the Company.

Application has  been  made  for admission  of  4,600,000  Shares  to
trading on  the AIM  Market of  the London  Stock Exchange  which  is
expected to occur at 8.00 a.m. on 10 November 2009.

Following the issue of  Shares described above,  the total number  of
Shares in issue at the date of this announcement is 284,625,173  with
each share carrying the right to one vote.

Enquiries:


African Consolidated Resources plc
Andrew Cranswick                   [phone]
Roy Tucker                         [phone] / [phone]

Ambrian Partners Limited
Richard Greenfield                 [phone]

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