Notice of General Meeting

Notice of General Meeting

Armadale Capital Plc

Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company

6 October 2015

Armadale Capital Plc

(‘Armadale’ )

Notice of General Meeting

Armadale, the AIM quoted investment company focused on natural resource projects in Africa, announces that it has posted a notice of General Meeting to its shareholders. At the General Meeting, which will be held at 55 Gower Street, London WC1E 6HQ at 11.00a.m. on Wednesday 21 October 2015, resolutions will be proposed to approve the renewal of the directors’ authority to allot shares.

**ENDS**

Enquiries:

For further information please visit www.armadalecapitalplc.com or contact:

Armadale Capital plc

Peter Marks, Chairman [phone]

Charles Zorab, Investor Relations

Nomad and broker: finnCap Ltd

Christopher Raggett/Simon Hicks [phone]

Joint Broker: Beaufort Securities Ltd

Jon Belliss [phone]

Joint Broker: VSA Capital Ltd

Andrew Raca/Richard Buckle [phone]

Press relations: St Brides Partners Ltd.

Hugo de Salis/Charlotte Heap [phone]

Notes

Armadale Capital Plc is focused on investing in and developing a portfolio of investments, targeting the natural resources sector in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement. Armadale’s primary project is the development of the Mpokoto Gold project in the Democratic Republic of the Congo, in which it owns an 80% interest. Mpokoto has a current Total Mineral Resource of 678,000 oz Au from 14.58 Mt @ 1.45g/t Au at a cut-off grade of 0.5g/t. An Expanded Scoping Study for Mpokoto demonstrated a post-tax net present value of US$55.3m based upon a discount rate of 8% and a gold price of US$1,250/oz. The Project is subject to four Mining Licences which are valid for an initial term of 30 years from 30 September 2014. Armadale also currently holds approximately a 30% interest in Mine Restoration Investments Ltd, a South African listed company, focused on the processing and sale of coal fines in KwaZulu Natal, as well as a number of other quoted investments.

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