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CIC Energy Corp.

CIC Energy Corp. (CIC) was established to engage in the exploration, development and operation of two greenfields coal properties located in the Mmamabula Coalfields in South Eastern Botswana, 120kms North of the capital city of Gaborone. These properties are held 100% by CIC's wholly owned 100% subsidiary Meepong Resources (Proprietary) Limited.

CIC is listed on the Toronto Stock Exchange under the symbol ELC and on the Botswana Stock Exchange under CIC Energy.

CIC is developing a major, integrated coal mine and power station at Mmamabula to supply electricity to Southern Africa. The majority offtaker of the power generated by the project is envisaged to be Eskom, South Africa’s national electrical utility. Over the past year the Company has been exploring Mmamabula to add to the mineral resource for the Project. A bankable feasibility study by a group of internationally recognized independent consulting groups is well underway and is planned to be complete before the end of 2007. CIC’s intention is to advance development of the Project with the objective of commencing power production in a timely manner to address the urgent regional demand for new sources of baseload power.

The Company plans to develop the power station at Mmamabula in two equal phases of three units each, which together will provide a total capacity of 4,200 to 4,920 MW. To put the scale of the Project in perspective, this is equivalent to 12 to 14 percent of Eskom’s current capacity and approximately ten times Botswana’s current electrical usage.

As at March 26, 2007 CIC has a treasury of approximately CDN$ 61.1M, and has 47,655,111 shares outstanding and 54,082,361 shares fully diluted.
For additional information on CIC and its projects visit the company website at: cicenergycorp.com or contact:

Erica Belling
Vice President Investor Relations
Tau Capital Corp.
110 Sheppard Ave east, Suite 610
Toronto, Ontario M2N 6Y8
Tel: 416-361-9636 ext 243
Fax: 416-361-0330
Email: ebelling@taucapital.com

 

ISIN No.

VGG2136R1064
BSE CIC Energy
TSX CIC Energy Corp
Address

South African Office
CIC Energy Corp.
Inanda Greens, Ground Floor
Augusta House, Unit 6
Albertyn Street, Wierda Valley
Sandton
P O Box 784938
Sandton 2146

Registered Office
CIC Energy Corp.
Geneva Place, 2nd Floor
333 Waterfront Drive, Wickham’s Cay
Road Town, Tortola, British Virgin Islands

Shareholder Information
Erica Belling
Vice President Investor Relations
Tau Capital Corp.
110 Sheppard Ave east, Suite 610
Toronto, Ontario M2N 6Y8
Tel: 416-361-9636 ext 243
Fax: 416-361-0330

Telephone 27 11 305-1810
Facsimile 27 11 783-2006
E-mail Address ebelling@taucapital.com
Website www.cicenergycorp.com
Directors/senior Management Gregory Kinross - President & CEO, Director
Tore Horvei– COO
Susan Myburgh - CFO
Warren Newfield - Director, Co-Chairman
Reuel Khoza - Co-Chairman
Mandla Gantsho - Director
E Adrian Meyer - Director
Blackie Marole - Director
Sandra Cowan – Director
Len Konar – Director
Financials and Announcements Executive Vice President Appointment
Unaudited Financial Statements
Management Discussion
Annual Report 2006
Mmamabula project update
Private Placement Deal
CIC Announces CDN$25 Million Bought Deal Private Placement
 
  15/11/19
Notification of transactions by Directors and PDMRs

 
  15/11/19
TRANSACTION IN OWN SHARES

 
  15/11/19
NOTICE OF CHANGE OF COMPANY SECRETARY

 
Market Report
 
 


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