Zanaga Iron Ore Company Limited

("ZIOC" or the "Company") (AIM:ZIOC)

Share trading announcement

Zanaga Iron Ore Company Limited ("ZIOC" or the "Company") notes today's movement in its share price and advises that it knows of no specific reason for the significant movement. Further, the Company confirms that there has been no material change in its financial position since the announcement of its Half Year Results on 29 September 2016.

The Company intends to release its Full Year Results for the year ended 31 December 2016 on 29 June 2017, subject to Board approval.

For further information, please contact:

Zanaga Iron Ore

Corporate Development and                       Andrew Trahar

Investor Relations Manager                         +44 20 7399 1105

Liberum Capital Limited

Nominated Adviser, Financial                      Neil Elliot and Richard Crawley

Adviser and Corporate Broker                     +44 20 3100 2000

About us:

Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is the owner of 50% less one share in the Zanaga Iron Ore Project based in the Republic of Congo (Congo Brazzaville) through its joint venture with Glencore. The Zanaga Iron Ore Project is one of the largest iron ore deposits in Africa and has the potential to become a world-class iron ore producer.