21.03.2012 African Metals Corporation grants stock options

Vancouver, British Columbia, Canada.  African Metals Corp. has granted options pursuant to its stock option plan to purchase up to 2.8 million shares at 17.5 cents per share for a period of five years.

ON BEHALF OF THE BOARD OF DIRECTORS OF AFRICAN METALS CORPORATION
"Nigel Ferguson" Nigel Ferguson President & CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

For further information please contact:

African Metals Corporation
Nigel Ferguson
President & CEO
Suite 205-16055 Fraser Highway
Surrey, British Columbia, Canada V4N 0G2
Tel: +1 604-507-2181
Fax: +1 604-507-2187
www.africanmetals.com

AXINO AG
investor & media relations
Königstraße 26
70173 Stuttgart
Germany
Tel. +49 (711) 253592-30
Fax+49 (711) 253592-33
http://www.axino.de/



Dislaimer: This document may contain forward-looking information based on management's expectations, estimates and projections. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions.

The Canadian Stock Exchange has neither approved the information contained herein nor accepts responsibility for the adequacy or accuracy of this release.

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This press release was issued by African Metals Corporation and was initially posted at http://www.africanmetals.com/EN/investors/news_article.asp?y=24320&c=41&offset= . It was distributed, unedited and unaltered, by noodls on 2012-03-22 14:08:42 PM. The issuer is solely responsible for the accuracy of the information contained therein.